The Cheapest Car Insurance in South Dakota for 2022
At $268 per year for a minimum coverage policy, Farmers Mutual of Nebraska has the cheapest car insurance in South Dakota.
MoneyGeek analyzed quotes from South Dakota auto insurance providers to help customers find the most cost-effective options for their driving profile. For example, State Farm is cheapest for older drivers and drivers with tickets or a DUI. Comparing prices could help South Dakota drivers save as much as $472 per year.
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The Cheapest Car Insurance in South Dakota
MoneyGeek rated the cheapest car insurance companies across South Dakota cities so that you can get the best price for your location. We also analyzed the best insurers in South Dakota that balance quality service and affordability.
Why Trust MoneyGeek? South Dakota car insurance rates in this study are based on our analysis of data and information from the South Dakota Department of Insurance and Quadrant Information Services.
These rates were updated in August 2022 to reflect how car insurance rates in South Dakota have changed up to this month.
Cheapest Minimum Liability Car Insurance in South Dakota
Drivers looking for the cheapest coverage in South Dakota should consider liability-only insurance. It has basic coverage that meets the state minimum car insurance requirements.
Based on MoneyGeek’s study, the cheapest car insurance companies for South Dakota drivers with minimum coverage are, on average:
- Farmers Mutual of Nebraska: $268 per year
- GEICO: $328 per year
USAA has an even cheaper average annual rate of $179, but its policies are exclusively available to military families. The most expensive car insurance for minimum coverage is from American Family, which has an average annual rate of $481.
CHEAPEST MINIMUM CAR INSURANCE IN SOUTH DAKOTA
These prices are only estimates based on rates for an average South Dakota driver and should not be used to compare insurance prices.
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Cheapest Full Coverage Car Insurance in South Dakota
Full coverage policies with higher liability limits and comprehensive and collision insurance provide protection against most road and non-road accidents in South Dakota. They cost more than the minimum coverage but offer protection for damages to your car. If you want to find the best car insurance policy, compare quotes from multiple auto insurers.
Based on average rates, the cheapest full coverage car insurance companies in South Dakota are:
- State Farm: $704 per year
- Farmers Mutual of Nebraska: $749 per year
If you or a family member are in the military, USAA's average annual rate of $585 is the most affordable option for full coverage. Progressive, which has an average rate of $1,058 per year, is the most expensive carrier for a full coverage policy in South Dakota.
CHEAPEST FULL COVERAGE CAR INSURANCE IN SOUTH DAKOTA
Individual premiums depend on the circumstances and needs of the driver and will be different from the examples provided. These rates are based on a policy with comprehensive and collision insurance that covers up to $100,000 for bodily injury per person, $300,000 for bodily injury per accident and $100,000 for property damage per accident.
How to Compare Cheap South Dakota Car Insurance Quotes Online
It is important to get personalized quotes from multiple carriers in South Dakota. Most of the largest auto insurance companies in the state allow interested drivers to get a reasonably accurate quote on their website.
- Make sure you use a consistent coverage level and limit when comparing quotes. If you ask one company for a quote for a comprehensive and collision insurance policy with a $500 deductible, use similar requirements with other insurers.
- Most of South Dakota's insurance providers offer online quotes. MoneyGeek’s auto insurance calculator compares costs for an average driver. For a more personalized quote, you'll need to provide specific details relating to your driver profile. You can also check MoneyGeek’s price data and use them to determine which company’s website to visit.
- USAA, Farmers Mutual of Nebraska and GEICO have the cheapest car insurance rates for the average driver. You can start your search by getting quotes from these carriers.
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Average Annual Auto Insurance Rates
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Cheapest Car Insurance in South Dakota for Young Drivers
Due to their lack of driving experience, young drivers are considered high-risk motorists by insurers, who typically charge them higher premiums. In South Dakota, a 16-year-old driver's auto insurance costs an average of $2,188 per year, while a 25-year-old driver pays a $964 average annual rate. State Farm is typically the cheapest auto insurance provider in South Dakota for drivers between the ages of 16 and 25. However, Allstate and GEICO also offer the most affordable car insurance quotes for certain ages within that range.
ANNUAL CAR INSURANCE IN SOUTH DAKOTA FOR YOUNG DRIVERS
Young drivers pay higher rates for car insurance because they are inexperienced. The most affordable option is to be added to their parent's policies. Parents can take advantage of any cost-cutting options available to save money, like good student discounts.
Rates also vary between drivers aged 16 and those who are 25 years old. By comparing prices, you can find the lowest coverage for your needs. For instance, Allstate is the cheapest for 16-year-olds at around $1,800 per year, while GEICO is the cheapest for 25-year-old drivers at roughly $755.
Cheapest Car Insurance in South Dakota for Seniors
Seniors tend to have higher auto insurance rates than middle-aged drivers in South Dakota. The average rate for seniors is $857 per year. That is only $4 more than the average annual rate for the average adult driver.
The cheapest car insurance companies in South Dakota for a senior driver with full coverage are:
- State Farm: $677 per year
- Farmers Mutual of Nebraska: $698 per year
For South Dakota seniors who are current or former military members, USAA's $635 average annual rate is the most affordable. Additionally, with average rates of $1,096, Progressive is the most expensive option.
CHEAPEST CAR INSURANCE RATES FOR SENIORS
Insurers view senior drivers as riskier to insure, regardless of whether or not they have a clean driving record. Age-related issues, such as hearing or vision loss, can make senior drivers more likely to get into accidents.
Shopping around can help you secure the cheapest option for your situation. For instance, State Farm offers the lowest premium at $677, while Progressive's rate is $1,096. This is a potential savings of $419 per year.
Cheapest Car Insurance for Drivers With Tickets in South Dakota
Even minor driving violations, such as tickets, can increase your car insurance rates in South Dakota. The average cost of auto insurance for drivers with a speeding ticket is $982 per year, which is $129 more than the average annual rate for those with clean driving records.
The cheapest car insurance company in South Dakota for drivers with speeding tickets are:
- State Farm: $767 per year
- Farmers Mutual of Nebraska: $816 per year
For military members and their families, USAA's $672 average annual rate for South Dakota drivers with tickets is likely the cheapest option. At roughly $1,341 annually, Progressive is the most expensive insurer.
AVERAGE CAR INSURANCE RATES WITH A TICKET
Distracted driving causes more than 100 fatalities a year in South Dakota, according to the National Highway Traffic Safety Administration (NHTSA). A speeding or distracted driving ticket can lead to a large increase in insurance rates. If you’re penalized with a reckless driving ticket, your rates will rise. The above table provides the average cost of insurance per month for drivers in South Dakota who have a ticket on their record.
There’s no blanket increase in the extra premium you’ll pay if you get a speeding or distracted driving ticket. There’s also not a one-size-fits-all answer to how long it will stay on your record. Often, insurance companies will allow first-time offenders to participate in an online driver’s school to remove points from a record. It’s best to get a complete understanding of the real costs of distracted driving and buckle down on being safe behind the wheel.
Cheapest Car Insurance for Drivers With a DUI in South Dakota
The average cost of auto insurance for a driver with a clean record is $853 per year. That rate increases to an average of $1,456 for drivers with a DUI.
On average, the cheapest auto insurance carriers in South Dakota for drivers with a DUI and full coverage are:
- State Farm: $767 per year
- American Family: $856 per year
GEICO has the most expensive coverage for a driver with a DUI, averaging $2,527 annually.
AVERAGE CAR INSURANCE RATES WITH A DUI
Aside from increasing your premiums, a DUI may also result in court fees, legal fees and jail time. In South Dakota, your driving privileges get suspended for at least 30 days if you are a first offender.
You can find the best rates in South Dakota by shopping around. MoneyGeek determined that you can save up to $1,760 by choosing State Farm, the cheapest insurer, over GEICO, which is the most expensive option.
Cheapest in South Dakota for Drivers With an At-Fault Accident
Insurance rates in South Dakota will likely increase if a provider deems you "at fault" in an accident. On average, a driver with an at-fault accident on their record pays $1,184 annually in the state.
For drivers with a history of at-fault accidents in South Dakota, the cheapest average policies are offered by:
- State Farm: $830 per year
- American Family: $856 per year
USAA offers the lowest average quote in the state for this category, at $778 per year. However, their policies are only available to active and retired military personnel, along with their families. The most expensive provider is Progressive at roughly $1,647 annually.
CHEAPEST CAR INSURANCE WITH AN AT-FAULT ACCIDENT
Cheapest Car Insurance in South Dakota for Drivers With Bad Credit
South Dakota car insurers tend to charge drivers with poor credit scores higher rates. The average auto insurance price for drivers with bad credit is $1,297 per year. Drivers with good credit scores pay an average of $853 per year.
On average, the cheapest car insurance companies for South Dakota drivers with poor credit and full coverage are:
- Farmers Mutual of Nebraska: $1,056 per year
- GEICO: $1,228 per year
South Dakota drivers who have a military affiliation can purchase coverage from USAA, which provides policies for drivers with bad credit for roughly $1,049 per year. The most expensive option is Progressive at approximately $1,700 per year.
CHEAPEST CAR INSURANCE RATES FOR DRIVERS WITH BAD CREDIT
Auto insurance costs in South Dakota vary based on your credit score since this indicates the likelihood of making timely payment of your premiums and filing a claim. Drivers with bad credit can expect rate estimates similar to the ones in the above table.
Drivers can save on their premiums by comparing quotes across insurers in the state. MoneyGeek’s research shows that you can save as much as $644 per year shopping around. Drivers can also get lower rates by continually improving their credit scores.
Cheapest Car Insurance in South Dakota for Military Drivers
USAA provides the cheapest car insurance coverage in South Dakota. However, the company’s insurance products are offered exclusively to military members and their families. USAA’s average annual cost is about $89 lower than the second-cheapest insurer, Farmers Mutual of Nebraska.
- Average rate: $179 per year
- Ranks cheapest out of nine insurers
USAA offers South Dakota drivers the cheapest car insurance coverage. Eligible drivers pay around $179 per year for the company’s minimum liability policy. Those who insure multiple cars can save on their premiums. Drivers who undergo a safety course can save money as well. USAA even provides discounts to drivers with new vehicles, those who have maintained a good driving record for five years and students with good grades, among others.
Cheapest Car Insurance in South Dakota by City
In South Dakota, car insurance costs vary considerably with your location. Sioux Falls, South Island's largest city by population, has an average annual car insurance cost of $817. Drivers in Pierre, the state’s capital, or Rapid City, however, typically pay different rates than customers in Sioux Falls.
For additional information about auto insurance rates in your city, simply click on your local area.
AVERAGE INSURANCE RATE BY CITY IN SOUTH DAKOTA
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Car Insurance in South Dakota: What You Need to Know
Drivers in South Dakota are required to provide proof of financial responsibility for their vehicle that at least meets the state’s minimum requirements.
South Dakota Insurance Requirements
South Dakota drivers should carry their insurance card or other proof of financial responsibility at all times. They need to provide it when it’s requested by a law enforcement officer, when registering or renewing a vehicle or if they are involved in an accident.
Based on the South Dakota regulations, liability insurance should have the following limits:
- $25,000 bodily injury coverage per person
- $50,000 for injuries per accident
- $25,000 for property damage per person
- $25,000 uninsured/ underinsured motorist coverage per person, up to $50,000 per accident
South Dakota’s law allows the following options as alternatives to car insurance:
- A $50,000 certificate of deposit
- Surety bond with the state
- Self-insurance for drivers with at least 26 business vehicles
The above alternatives need significant cash reserves, and you may lose all the money in one accident. That is why most drivers prefer purchasing car insurance.
While South Dakota has the minimum liability requirements, these may not protect you fully after an accident. Consumer advocates and insurance experts recommend policies with $100,000 per person liability insurance and $300,000 per accident, which is more than the state minimum. It is also wise to get comprehensive insurance protection for non-traffic events.
If you are a high-risk driver due to DUIs or reckless driving tickets, you may find it difficult to get insurance coverage in South Dakota. If you cannot purchase insurance because of your driving history, you might be able to get coverage through the South Dakota Automobile Insurance Plan.
FAQs About Car Insurance in South Dakota
When shopping for auto insurance in South Dakota, drivers may want answers to questions about pricing and which companies are the best. Here are some frequently asked questions.
About the Author
- AIPSO. "South Dakota Automobile Insurance Plan." Accessed March 7, 2020.
- Centers for Disease Control and Prevention. "Sobering Facts: Alcohol-Impaired Driving State Fact Sheets." Accessed March 7, 2020.
- Department of Public Safety. "South Dakota Veteran & Active Duty Drivers." Accessed March 7, 2020.
- Division of Insurance Consumer Information. "Division of Insurance Consumer Information - Automobile Insurance." Accessed March 7, 2020.
- Experian. "2019 Consumer Credit Report." Accessed March 7, 2020.
- Governing. "Military Active-Duty Personnel, Civilians by State." Accessed March 7, 2020.
- Insurance Information Institute. "Facts + Statistics: Alcohol-impaired driving." Accessed March 7, 2020.
- Insurance Information Institute. "Facts + Statistics: Deer vehicle collisions." Accessed March 7, 2020.
- National Association of Insurance Companies. "2018 Market Share Reports for Property/Casualty Groups." Accessed March 7, 2020.
- National Highway Traffic Safety Administration. "Traffic Safety Facts." Accessed March 7, 2020.
- South Dakota Department of Public Safety. "South Dakota Crash Analysis Tool." Accessed March 7, 2020.
- South Dakota Legislative Research Center. "Codified Law 32-23-2." Accessed March 7, 2020.