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According to the Insurance Information Institute (III), the average driver in South Dakota will pay $721 per year for
. Compared to the national average of $935 per year, car insurance in South Dakota is the fourth cheapest in the United States.
Car insurance companies consider your location, age, gender, and driving record to calculate premium rates. Other factors such as credit score, marital status, type of vehicle, previous coverage, and miles driven can all play a role in how much you’ll pay for coverage.
There are opportunities to save by shopping around and comparing coverage beyond the premium or amount you will pay for coverage.
South Dakota Automobile Liability Insurance Minimum Requirements
In the United States, all drivers must have liability coverage. If you are involved in an accident, liability insurance covers the damage you cause to the other vehicle, driver and passengers. If you finance or lease your car, your lender probably requires comprehensive coverage and collision coverage.
The two main components of liability insurance are bodily injury and property damage, which most states require. Liability insurance also includes coverage for uninsured motorists and underinsured motorists. This policy protects you when an at-fault driver hits you and they have no or insufficient coverage.
According to data from the III, South Dakota requires bodily, property, uninsured, and underinsured coverage. South Dakota’s minimum liability requirements are 25/50/25 – up to $25,000 injury protection for each person involved in an accident, up to $50,000 injury per incident and up to $25,000 property damage per incident.
Best Cheap Car Insurance in South Dakota Based on Credit Score
Consumer Reports has compiled a list of all auto insurance rate plans from all companies in every state. He used an average single adult driver to find the best price in each state and found that three companies came out on top for three different levels of credit. Here are the top three companies and their average prices for coverage:
*USAA is only available to military members, veterans and their families
South Dakota auto insurance rates by city
Where you live affects your premium. Those in urban areas pay more than those in rural areas. Below is the estimated average annual premium of
policies per household in South Dakota’s most populous cities:
Data from S&P Global Market Intelligence
Best Auto Insurance in South Dakota Based on Customer Satisfaction
Customer satisfaction with car insurance providers may be a factor in your decision. Five factors define customer satisfaction: the billing process and policy information, complaints, interactions, policy offers and price. According to a 2021 survey by JD Power, a consumer research firm that polls customers, here are the top auto insurance companies in the Central Region (which includes South Dakota):
South Dakota’s Most Popular Car Insurance Companies Based on Market Share
Here are the most popular auto insurance companies in South Dakota based on the percentage of insured South Dakota drivers who use them:
* USAA is restricted to active military members, veterans and their families.
Data from S&P Global Market Intelligence
Who Gets the Best Auto Insurance in South Dakota?
The drivers who get the best auto insurance rates will be the ones with the best credit. Several other factors can affect how an insurance company will price your premium, such as your age, gender, type of car you drive, and where you live.
Another way to save is to shop around. Each insurance company prices their policies differently and no two policies are the same. Prices vary greatly depending on whether you have liability, comprehensive or collision coverage.
Consider the amount of coverage and types of coverage listed on your quote. Remember that you are looking for the best coverage for your money. Don’t forget to look at the deductible or the amount you will pay out of pocket if you have an accident.