How Much is Car Insurance in South Dakota? Rates by Coverage Level, Age, Driving History and Location

The average cost of car insurance in South Dakota is $817 annually. This is cheaper than the national average and the tenth cheapest rate in the country. Premiums were determined by comparing quotes from several companies and locations for one sample driver. MoneyGeek also compared rates by driving history, age, coverages, location and credit score.

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Drivers in South Dakota pay an average of $817 per year for car insurance. MoneyGeek determined this rate using a 40-year-old sample driver with a clean driving record and a full coverage policy.

For a minimum coverage policy, drivers pay an average of $373 per year. Meanwhile, a 16-year-old driver purchasing a full coverage car insurance policy will pay an average of $2,097 annually. This means that your car insurance premiums will vary depending on your profile.

MoneyGeek’s analysis of car insurance rates shows you how costs change between different driver profiles.

Average Cost of Car Insurance in South Dakota: Summary

MoneyGeek’s research on the average cost of car insurance in South Dakota evaluated factors that have the highest impact on your rates.

The top two factors influencing the average cost of car insurance in South Dakota are age and coverage levels.

You can click below to learn more about average costs for drivers by profile.

Average Costs of Car Insurance in South Dakota

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Why Are Car Insurance Rates Cheap in South Dakota?

Based on MoneyGeek’s analysis, South Dakota has cheap car insurance compared to other states. This is because the state has low traffic density, a low rate of natural disasters, few uninsured motorists and a relatively low downtown population.

South Dakota has a highway density of 1.5, which translates to a lower number of accidents. It also has a low number of uninsured drivers, at 7%.

Insurers consider these factors when determining their rates, and South Dakota’s lower-risk statistics explain the low premiums in the state.

Average Cost of Car Insurance in South Dakota: Full Coverage vs. Minimum Coverage

Various types of car insurance policies are available in South Dakota, including the state minimum policy, liability-only insurance and full coverage.

How much you pay for car insurance in South Dakota depends on the coverage level you want. If you choose a policy with higher limits, you will be required to pay more.

Drivers in South Dakota pay an average of $373 per year for the minimum liability-only car insurance policy. However, a full coverage policy based on MoneyGeek’s definition costs $444 more on average per year, at $817.

Average Cost of Car Insurance in South Dakota by Coverage Level

Minimum vs. Full Coverage Car Insurance Costs in South Dakota - By Company

The insurance provider you select helps determine how much you pay for car insurance in South Dakota. Insurers offer varying rates for the same coverage amount.

The cheapest liability-only car insurance in the state is from Farmers Mutual of Nebraska, at $257 per year. State Farm provides the cheapest full coverage policy with an average cost of $675 per year.

While USAA has the cheapest overall coverage across the state, its policies are only available to current and former military members.

American Family provides the most expensive premium for the state minimum liability-only policy. These policies cost an average of $461 annually. Progressive provides the most expensive premium for the full coverage policy category at roughly $1,014 annually.

Average Annual Costs of Car Insurance in South Dakota - By Company

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How Much Is Car Insurance in South Dakota by Age

Car insurance costs in South Dakota vary based on a driver’s age. Young drivers pay higher premiums because they are more likely to get involved in accidents.

New drivers in South Dakota pay the same rates for car insurance as teen drivers. Insurers in the state rate first-time drivers as young drivers.

According to MoneyGeek, a 16-year-old driver pays an average of $2,097 per year for car insurance, which is $1,280 higher than what insurers charge a 40-year-old driver. Parents and teens can save on their premiums by adding young drivers to their car insurance plans.

Average Costs of Full Coverage Car Insurance in South Dakota - By Age

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How Does Driving History Affect Car Insurance Costs in South Dakota?

If you have a history of at-fault accidents or any other traffic violations, insurers will treat you like a high-risk driver and charge higher car insurance premiums.

Based on MoneyGeek’s study, you will pay an average of $817 per year if you have a clean driving record and roughly $947 if you have a speeding ticket. That’s a difference of $124. This rate increase can be higher depending on the severity of the driving violation.

By shopping around, you can still find cheap car insurance options for a bad driving record.

Average Costs of Full Coverage Car Insurance in South Dakota - By Driving History

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  • Driving Violation
    Annual Premium
  • Safe Driver
    $817
  • Speeding Ticket
    $941
  • At-Fault Accident
    $1,135
  • DUI
    $1,395

Credit Scores and the Cost of Car Insurance in South Dakota

According to MoneyGeek’s research, drivers with a poor credit score tend to pay more for car insurance in South Dakota compared to those with a good credit score. This is because people with poor credit scores are viewed as more likely to file claims.

The average annual cost of car insurance in the state for a driver with an excellent score is $655, which is $129 less compared to what a driver with a good credit score pays annually.

If you have a poor credit score, you could pay $459 more compared to a driver with a good credit score. You can still find affordable car insurance if you have a poor credit score by comparing costs from multiple providers.

Average Costs of Full Coverage Car Insurance in South Dakota - By Credit Score

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  • Credit Score
    Annual Premium
  • Excellent
    $655
  • Good
    $784
  • Fair
    $912
  • Below Fair
    $1,050
  • Poor
    $1,243

How Much Is Car Insurance in Your City?

For this study, MoneyGeek analyzed South Dakota’s car insurance rates using data from the city of Sioux Falls. Not only do car insurance rates vary considerably between states, but also within each specific state.

Insurers use various considerations when determining your car insurance premiums, including your location. You are more likely to pay higher premiums if you live in an area with high rates of theft,

You also pay more if you stay in a densely populated city or a place that is prone to natural disasters and road accidents.

Average Costs of Full Coverage Car Insurance in South Dakota - By City

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Frequently Asked Questions About South Dakota Car Insurance Rates

Various factors influence the average cost of car insurance in South Dakota. Here are some frequently asked questions about car insurance in the state.

Methodology

MoneyGeek partnered with Quadrant Information Services to research car insurance quotes across various insurers in South Dakota. The average costs are for a 40-year-old sample driver with a clean driving record and a full coverage policy described on MoneyGeek’s methodology page.

MoneyGeek’s research includes car insurance rates based on various factors, including coverage level, driving history, age and credit score. We also analyzed information about South Dakota’s highway traffic, theft rates, the urban share of the population and the rate of uninsured motorists.

  • MoneyGeek obtained data about the rate of uninsured motorists in South Dakota from the Insurance Research Council’s data for 2019.
  • Highway traffic density was obtained from the Federal Highway Administration’s 2019 data.
  • The state’s car theft rate came from the 2019 FBI’s Crime in the United States Report.
  • The urban share of the population was derived from the U.S. Census Bureau.

About the Author


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Mark Fitzpatrick is a senior content manager with MoneyGeek specializing in insurance. Mark has years of experience analyzing the insurance market and creating original research and content. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a Master of Arts.