The Best Cheap Car Insurance in South Dakota

South Dakota has the fourth cheapest car insurance in the US, with rates significantly lower than the national average.

Cheap Car Insurance in South Dakota

According to the Insurance Information Institute, the average South Dakota motorist will pay $721 per year for vehicle insurance. South Dakota has the fourth cheapest vehicle insurance in the country, at $935 per year, compared to the national average of $935.

When calculating premiums, car insurance companies take into account your location, age, gender, and driving history. Credit score, marital status, vehicle type, past coverage, and kilometers driven are all factors that can affect the amount you pay for insurance.

Beyond the premium, or the amount you’ll pay for coverage, there are ways to save by shopping around and comparing coverage.

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Minimum car liability insurance requirements in South Dakota

The law necessitates the purchase of liability insurance. Liability insurance protects the harm you cause to the other car, its driver, and its passengers if you’re in an accident. Your lender will almost certainly require comprehensive and collision coverage if you loan or lease your vehicle.

Bodily injury and property damage are the two basic components of liability insurance, which are required in most states. Uninsured and underinsured motorist coverage is included in liability insurance to protect you in the event that an at-fault driver impacts you and has no or insufficient coverage.

According to the Insurance Information Institute, South Dakota mandates bodily, property, uninsured, and underinsured coverage. South Dakota’s minimum liability requirements are 25/50/25, which implies that each person involved in an accident can receive up to $25,000 in injury compensation, $50,000 in injury compensation per event, and $25,000 in property damage compensation per incident.

Types of liability coverage Definition
Bodily injury (BI) Injury you cause to others, includes medical expenses, lost wages, and funeral expenses
Property damage (PD) Damage you cause to others’ vehicles or property
Uninsured motorist (UM) Protects you when an at-fault driver hits you with no insurance
Underinsured motorist (UIM) Protects you when an at-fault driver hits you with not enough coverage

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Based on your credit score, find the cheapest car insurance in South Dakota.

Consumer Reports put together a list of all vehicle insurance pricing algorithms from every company in every state. It showed that three firms came out on top for three different credit levels, using an average single adult driver to obtain the cheapest cost in each state. The three top firms and their average coverage prices are as follows:

Excellent credit (FICO 800+) Good credit (FICO 670-739) Poor credit (FICO 300-579)
  • Mid-Century: $717 per year
  • USAA: $ 734per year
  • State Farm: $868 per year
  • USAA: $856 per year
  • Mid-Century: $874 per year
  • State Farm: $1,069 per year
  • Mid-Century: $1,415 per year
  • State Farm: $2,044 per year
  • Progressive: $2,086 per year

*USAA is reserved for service personnel, veterans, and their families.

Car insurance rates in South Dakota are broken down by city.
Your premium is influenced by where you live. Those who live in cities pay more than those who live in rural areas. In South Dakota’s most populous cities, the estimated average yearly premium for vehicle insurance coverage per family is as follows:

City/Town Annual average premium 
Sioux Falls $1,270
Rapid City $1,146
Aberdeen $1,201
Brookings $1,198
Watertown $1,189
Mitchell $1,157
Yankton $1,167
Huron $1,173
Pierre $1,211
Spearfish $1,158
Brandon $1,407
Vermillion $1,129
Box Elder $1,189
Rapid Valley $1,259
Madison $1,189
Sturgis $1,131
Harrisburg $1,402
Belle Fourche $1,163
Tea $1,373
Dell Rapids $1,330
Hot Springs $1,133
Pine Ridge $1,035
Mobridge $1,174
Dakota Dunes $1,375
Canton $1,291
Blackhawk $1,219
Milbank $1,203
Hartford $1,385
Lead $1,168
Winner $1,104
North Sioux City $1,279
Colonial Pine Hills $1,384
Sisseton $1,125
Flandreau $1,114
Chamberlain $1,175
Custer $1,153
Redfield $1,140
Lennox $1,239
Summerset $1,286
Fort Pierre $1,255

Data from S&P Global Market Intelligence

Based on the percentage of insured South Dakota drivers that use them, the following are the most popular car insurance providers in the state:

Company Market share (%)
State Farm 17.58
Progressive 17.33
American Family Insurance 8.53
Farmers Mutual Ins Co. of NE 5.30
USAA* 5.07
Farmers Insurance 5.01
Nationwide 3.98
GEICO 3.97
De Smet Farm Mutl Ins Co of SD 3.18
Allstate 2.98
Auto-Owners Insurance 2.95
North Star Mutual Insurance Co 2.85
Farm Bureau Financial Services 2.73
Liberty Mutual 2.61
Nodak Mutual Group Inc. 1.99
American National 1.83
Sentry 1.51
State Auto 1.43
IMT 1.42
Grinnell Mutual 1.08
CSAA Insurance Exchange 1.00
The Hartford 0.64
Northwest G.F. Mutual Ins Co. 0.55
Horace Mann 0.54
Center Mutual Insurance Co. 0.51

*USAA is only for active military, veterans, and their families.

Data from S&P Global Market Intelligence

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Who gets the best car insurance in South Dakota?

The drivers with the best credit scores will have the best car insurance premiums. Your age, gender, the type of car you drive, and where you live in South Dakota are all factors that might affect how much an insurance company charges for your premium.

Another approach to save money is to shop around for insurance. Each insurance company sets its own rates, and no two policies are same. Depending on whether you buy liability, comprehensive, or collision coverage, the cost varies significantly.

Take into account the quantity and types of coverage specified on your quote. Keep in mind that you want the greatest coverage for your money. Don’t forget to check the deductible, which is the amount you’ll have to pay out of pocket if you have an accident.

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