In South Dakota, the average cost for car insurance is $1642 per annum for full coverage and $275 for minimal coverage. While premiums in South Dakota are lower than in the United States overall, insurance rates for car coverage are determined using a variety of factors. Your premium may differ from the average state premium.
Quadrant Information Services was used by Bankrate to obtain the most current premium information from many companies. Bankrate then analyzed the average South Dakota car insurance rates by company and city. These data may help you understand the impact of various factors on your auto insurance costs.
What is the cost of South Dakota car insurance?
On average, auto insurance in South Dakota costs $275 per year for minimum coverage, and $1,642 per year for full coverage. The average minimum coverage car policy in South Dakota is much lower than the national average of $565 per annum. The average premium for full coverage in South Dakota is approximately the same as the $1,674 annual average premium for full coverage.
Auto insurance premiums are affected by many factors. The state that you live in, for example, is only one. The price of your auto insurance can be affected by your age, your credit score, and the company you choose.
South Dakota auto insurance rates by company
South Dakota auto insurance companies each have their own rating systems, so every company may charge a different amount for the same coverage. It may be beneficial to compare quotes from multiple carriers if you’re looking for affordable auto insurance coverage. Below is a table that illustrates the differences in prices between companies.
| Car insurance company | Minimum coverage: Average annual premium | For full coverage, the average annual premium |
|---|---|---|
| Allstate | $424 | $1,785 |
| American Family | $376 | $1,070 |
| Auto-Owners | $270 | $2,241 |
| Farmers | $251 | $1,272 |
| Farmers Mutual of Nebraska | $172 | $1,086 |
| Iowa Farm Bureau | $334 | $1,933 |
| North Star Mutual | $214 | $1,775 |
| Progressive | $257 | $1,655 |
| State Farm | $226 | $1,242 |
| USAA | $188 | $1,337 |
| Western National | $323 | $2,168 |
South Dakota auto insurance rates per city
Your zip code and city can have an impact on the cost of your auto insurance, even if you live in the same state. Living in certain areas may make it more likely that you will be involved in an accident or your vehicle stolen. Here are the top 20 largest cities in South Dakota. Below you can see the average annual cost of each city as well as how the premium differs from the South Dakota average.
| City | For full coverage, the average annual premium | % difference to state average annual premium |
|---|---|---|
| Sioux Falls | $1,446 | -12% |
| Rapid City | $1,767 | 8% |
| Aberdeen | $1,428 | -13% |
| Brookings | $1,378 | -16% |
| Watertown | $1,403 | -15% |
| Mitchell | $1,495 | -9% |
| Yankton | $1,510 | -8% |
| Pierre | $1,668 | 2% |
| Huron | $1,517 | -8% |
| Rapid Valley | $1,745 | 6% |
| Vermillion | $1,400 | -15% |
| Brandon | $1,411 | -14% |
| Spearfish | $1,859 | 13% |
| Belle Fourche | $1,855 | 13% |
| Sturgis | $1,858 | 13% |
| Madison | $1,426 | -13% |
| Colonial Pine Hills | $1,810 | 10% |
| Harrisburg | $1,432 | -13% |
| Beresford | $1,403 | -15% |
| Tea | $1,383 | -16% |
South Dakota car insurance rates based on age
Your age is also a factor in South Dakota’s average car insurance rates. Because younger drivers are less experienced, insurance companies tend to consider them more high-risk. To compensate for this risk, insurance companies charge younger drivers a higher premium.
| Age | South Dakota’s average annual premium |
|---|---|
| Age 16* | $1,535 |
| Age 18 | $4,505 |
| Age 20 | $3,218 |
| Age 25 | $2,029 |
| Age 30 | $1,820 |
| Age 40 | $1,749 |
| Age 50 | $1,565 |
| Age 60 | $1,489 |
| Age 70 | $1,534 |
A 16-year-old was added to the parents’ policy
As you age and get more experience behind the wheel, premiums will decrease. However, they can increase around age 70. Older drivers could be at greater risk for causing an accident.
South Dakota car insurance rates for driving record
Car insurance rates in South Dakota will be affected by your driving record, just like any other state. You will likely pay more for your car insurance if you have a DUI, speeding ticket or cause an accident. These incidents are generally considered indicators by auto insurance companies that you may cause an accident in the future.
| Accident while driving | South Dakota’s average annual premium for full coverage | Increase of % in the average annual premium |
|---|---|---|
| Speeding ticket | $1,921 | 17% |
| Accident | $2,078 | 27% |
| DUI | $2,708 | 65% |
How to Save on South Dakota Car Insurance
South Dakota auto insurance rates are comparable to the national average, but there are still savings. Consider these options:
- Comparing providers: Because every company uses a different rating to determine their premium, it is possible to compare the same coverage with several companies to get the coverage that you need at a lower cost.
- Discounts: Many companies offer discounts for qualifying customers. You might be able to lower your insurance costs by taking advantage of all the discounts you are eligible for.
- Increase your deductible: If you file a claim to repair or replace damage to your vehicle, your deductible is the amount you pay out-of-pocket. Your auto policy will have two deductibles if you have full coverage. One for your collision coverage and another for your comprehensive coverage. Your premium will be affected more by your collision deductible. Your premium will decrease if you increase your collision deductible. If you file a claim for damage or loss to your vehicle, you will have to pay this amount out-of-pocket. Choose a level you feel comfortable paying.
- You can buy a new car: While it may not be the best option, your auto insurance premium will be affected by the car you drive. You might be able to find a lower-cost option by getting quotes on different cars.
Your driving record, improving credit scores and choosing the right coverages can all help you save money on auto insurance. Talking to an agent may be helpful if you’re unsure about the best ways to save money at your company.
Questions frequently asked
How can I change insurance companies?
It is easy to switch insurance providers. After you have chosen the company you want, a representative will walk you through how to start your policy. You can cancel your existing policy by contacting your former company once you have established the effective date and time.
What is the monthly cost of South Dakota car insurance?
South Dakota’s average monthly premium for auto insurance is less than $23 for minimum coverage, and slightly more than $136 for complete coverage. Your unique rating factors will determine the price you pay.
How do I choose a provider for my business?
There are many different requirements when it comes car insurance. Some people are concerned about finding the best affordable provider. Others want to find a company with high customer satisfaction scores and special coverages. You might need to decide what you want from your insurance company and compare quotes from multiple carriers in order to find the best company .
