Cheapest Car Insurance in South Dakota (October 2024)

Farmers Mutual of Nebraska provides the cheapest minimum coverage auto insurance in South Dakota. American Family and Allstate also have the lowest rates for certain types of drivers.

The best insurance options in South Dakota are ranked to help you evaluate both cost and service quality.

The cheapest minimum coverage auto insurance in South Dakota is provided by the following companies:

• Farmers Mutual of Nebraska: $184 per year
• American Family: $243 per year

With an average annual premium of $599, Farmers has the most expensive minimum coverage car insurance in South Dakota.

The coverages that must be purchased in order to meet the state’s minimum auto insurance requirements include property damage liability, bodily injury liability and uninsured/insured motorist coverage.

A minimum coverage policy in South Dakota only covers third-party injuries and property damage, along with damage caused by uninsured/underinsured motorists. If you want increased coverage, look into collision and comprehensive coverage that also protects you and your car.

The following companies offer full coverage auto insurance in South Dakota at the most affordable rates:

• American Family: $614 per year
• Farmers Mutual of Nebraska: $678 per year

Western National charges roughly $1,706 annually, making it the most expensive option in the state.

If you upgrade your minimum coverage policy to one with comprehensive and collision coverage, your annual premium will increase. For example, American Family costs $371 more for full coverage than for minimum coverage.

Full coverage auto insurance offers more protection from both on- and off-road incidents. It covers your own medical bills and property damage, in addition to third-party restrictions.

Your rates will depend on the amount of auto insurance you need. The following liability insurance limits are provided by the full coverage sample policy from MoneyGeek:

• $100,000 for physical injury per person
• $300,000 for each accident-related injury
• $100,000 for property damage per accident

Cutting your liability limits, removing comprehensive and collision coverage or increasing your deductible are all ways to minimize your insurance premiums. However, if you cause an accident, you run the danger of having to pay more out of your pocket.

Online rates from several auto insurance companies are available within just 15 minutes.

To help you receive a fast quote for cheap car insurance, MoneyGeek provides an auto insurance calculator. To begin, you just need to select your age, gender and driving record from the options below.

Age is one of the biggest factors affecting car insurance rates in South Dakota. MoneyGeek found that Allstate, American Family and Farmers Mutual of Nebraska offer the cheapest options on average, depending on what age group you and your family belong to.

When added to a parent's policy, the following companies provide the cheapest teen car insurance in South Dakota:

• Allstate: $1,164 per year for male teens and $1,087 per year for female teens
• Nationwide: $1,414 per year for male teens and $1,310 per year for female teens

Kemper is the most costly selection for the majority of teen drivers, with an average cost of $3,162 for boys and $2,773 for girls.

A 16-year-old who is covered by their parents’ insurance will pay much less than one with their own coverage. In South Dakota, a 16-year-old male driver pays an average of $4,984 for an individual policy compared with $2,268 if his parents include him on their existing policy — that is a $2,716 annual price difference.

Those who attend school far from home and those with outstanding grades typically receive discounts from insurance providers. For example, Allstate provides both of these coverages, along with other discounts that can help students save, like driver’s education and safe driving discounts.

The following insurance providers offer the cheapest full coverage insurance to young adults in South Dakota:

• American Family: $761 per year
• Farmers Mutual of Nebraska: $975 per year

The most expensive policy, offered by Western National, costs about $2,234 annually. Young adults in South Dakota pay an average of $287 more for a full coverage insurance policy than middle-aged drivers.

Senior drivers in South Dakota can get the following cheapest rates from these companies:

• Farmers Mutual of Nebraska: $614 per year
• American Family: $645 per year.

The average annual premium for seniors with Western National is $1,537, making it the most expensive car insurance provider in the state.

In South Dakota, a senior driver pays about $107 less than a middle-aged driver for full coverage car insurance. Rates usually increase as drivers get into their 70s and 80s.

Special discounts are available for senior drivers. For example, Allstate, American Family, Farmers, GEICO and Kemper offer specific discounts for seniors in South Dakota. Comparing multiple insurers will help you find the best rates, as age is just one of many factors used when calculating insurance prices.

In South Dakota, Farmers Mutual of Nebraska offers the most affordable rates for drivers with tickets at $799. American Family is the cheapest provider for drivers with at-fault accidents at $829, DUIs at $821, those with poor credit at $695 and sports car drivers at $644.

The most affordable car insurance providers in South Dakota for drivers with a speeding ticket are:

• Farmers Mutual of Nebraska: $799 per year
• American Family: $821 per year

Iowa Farm Bureau is the most expensive in South Dakota for this driver profile at $2,268 per year.

Drivers in South Dakota with a speeding ticket on record pay an extra $202 each year compared with drivers with clean records.

The following insurance companies have the cheapest rates for drivers in South Dakota with an at-fault accident on their record:

• American Family: $829 per year
• Farmers Mutual of Nebraska: $936 per year

Iowa Farm Bureau has the highest premiums at an average of $2,806 annually.

An at-fault accident history in South Dakota can increase your insurance costs by roughly $482 annually.

The cheapest insurance companies for drivers with a DUI in South Dakota are:

• American Family: $821 per year
• State Farm: $1,161 per year

The most expensive option in the state is offered by GEICO, costing around $4,503 annually. DUIs normally result in a $1,002 increase to your annual auto insurance premium in Southdale.

The following companies offer affordable rates for drivers with a bad credit score (below 580):

• American Family: $695 per year
• Farmers Mutual of Nebraska: $746 per year

State Farm is the most expensive insurer, with an average yearly premium of $5,701.

Credit scores are among the major factors considered by insurers when setting your rate. Auto insurance in South Dakota may cost you an average of $876 more per year if you have bad credit compared with a driver with good credit.

Drivers who have a history of bad credit are more prone to submit a claim. That’s why South Dakota allows companies to examine your credit score when determining your rates.

By improving your credit score, you can gradually lower your insurance prices, but you can also search for insurers that provide discounts for common things like vehicle safety features and bundling multiple policies.

The cheapest car insurance companies for sports car drivers are:

• American Family: $644 per year
• Kemper: $886 per year

With an average annual cost of $1,979, GEICO is the most expensive auto insurance provider for sports car drivers in the state.

Due to their high repair and replacement costs, sports cars are generally more expensive to insure than regular cars. Compared with those driving a Toyota Camry LE, South Dakotans who drive sports cars pay an extra $112 on average per year for their auto insurance.

MoneyGeek used a Ford Mustang as its sample sports car in this study, but costs may differ depending on your particular car model. It is generally more expensive to insure sports, electric and luxury cars; otherwise, model may not be a significant factor. However, this may not be true for all states.

American Family provides the cheapest auto insurance for veterans and active-duty military personnel in South Dakota, with an average yearly cost of $614.

USAA also provides affordable auto insurance packages, averaging $996 per year in South Dakota. Military personnel can access this company in all 50 states.

Among the factors influencing the cost of auto insurance in South Dakota is the city in which you reside. Residents of areas with greater rates of theft, accidents and vandalism are more likely to file claims and, therefore, pay higher insurance premiums.

American Family is the cheapest car insurance provider in Sioux Falls for full coverage, with an average annual rate of $707.

In South Dakota, drivers are obliged to obtain liability insurance in case they cause property damage or injury to another person. MoneyGeek outlines more of the things that you need to know about auto insurance in South Dakota.

South Dakota requires all drivers to have bodily injury liability, property damage liability and uninsured/underinsured motorist coverage.

South Dakota drivers who have records of major driving offenses must submit an SR-22 form. It proves that a high-risk driver has purchased sufficient insurance coverage to meet the state’s minimum requirements.

MoneyGeek recommends getting bodily injury liability insurance with $100,000 per person and $300,000 per accident as the minimum limits and increasing the limit for property damage coverage to $100,000.

You might need to buy comprehensive and collision insurance if you financed the cost of your car. If your vehicle is damaged off the road, for example, as a result of theft, comprehensive insurance will cover the required replacements or repairs. If your car collides with another vehicle, collision insurance will cover the associated costs.

You could find it difficult to get fairly priced insurance in the open market if you have a history of accidents or bad credit.

If you would rather not get car insurance in South Dakota, you can apply to be a self-insurer if you have more than 25 vehicles registered in your name. You will need to fulfill certain criteria that effectively demonstrate your financial capacity to pay claims like an insurance policy would.

Given the wide range of selections, choosing your auto insurance provider might be difficult. Read the following answers to some frequently asked questions to find out more about car insurance in South Dakota.