Rising Insurance Costs Are Slowing SC Closings — What the SCR233 Form Means for Your Commission Timeline
Insurance delays are adding days to closings across South Carolina — and every extra day is a day your commission sits unpaid
Insurance costs across South Carolina are rising sharply, creating new friction points in the closing process
The SCR233 Insurance Disclosure form is now a required part of SC real estate transactions
South Carolina REALTORS® is working with the General Assembly on legislation to address insurance cost increases
The C.L.U.E. (Comprehensive Loss Underwriting Exchange) report is increasingly scrutinized by buyers and lenders, adding a new layer of due diligence before closing
Insurance has quietly become one of the biggest causes of closing delays in South Carolina. When a buyer's lender requires additional insurance review, when a C.L.U.E. report reveals prior claims, or when a seller cannot secure affordable coverage before closing — the transaction stalls. Every stall extends the Days to Close (DTC). Every extension is more time before the agent gets paid.
South Carolina's statewide DTC is already at 78 days as of April 2026. Insurance complications do not show up neatly in that average — but they are contributing to it, particularly in coastal markets like Hilton Head (131 days DTC) and Coastal Carolinas (127 days DTC) where insurance costs and risks are highest.
If you work in Beaufort, Hilton Head, or any coastal SC market, insurance delays are a real threat to your closing timeline. Commission Express of South Carolina purchases your commission receivable once your contract is signed — before the insurance review, before any potential delays. You get paid in 1–2 business days. Whatever happens between contract and closing is between the buyer and the title company.
Insurance costs may keep rising. Your closing timeline may keep stretching. Your commission does not have to wait.