In Sioux Falls, State Farm offers the best home insurance, balancing affordability, customer service and coverage options. For those prioritizing price, Nationwide provides the lowest premium starting at $343 per month.
Cheap Home Insurance in Sioux Falls
Updated: June 9, 2025
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Key Takeaways
State Farm provides the best overall value for homeowners in Sioux Falls, while Nationwide delivers the most affordable coverage at $4,114 annually.
On average, home insurance in Sioux Falls costs $891 per month, adding up to $10,687 per year.
Determine how much coverage you need, research insurers and get multiple quotes to find the right home insurance in Sioux Falls.
Best Cheap Home Insurance Companies in Sioux Falls
| State Farm | 92 | $351 | $4,209 |
| American Family | 91 | $544 | $6,530 |
| Nationwide | 84 | $343 | $4,114 |
| Farmers | 80 | $475 | $5,700 |
| Allstate | 72 | $544 | $6,533 |
*Rates are for a 2,500-square-foot home with $250,000 in dwelling coverage and a $1,000 deductible, built in 2000.
How Much Does Sioux Falls Home Insurance Cost?
Home insurance costs in Sioux Falls depend on factors like your personal profile, coverage level and home details. Costs range from $331 to $3,059 monthly. Below, you can compare personalized rates based on your home’s age and coverage level.
Data filtered by:Results filtered by:
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Age of Home:Newer Home
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Coverage Level:$100K Dwelling / $50K Personal Property / $100K Liability
| $100K Dwelling / $50K Personal Property / $100K Liability | $331 | $3,972 |
How to Get the Best Cheap Home Insurance in Sioux Falls
Finding affordable home insurance in Sioux Falls can be tough. We've created a step-by-step guide to help you discover the best and most affordable homeowners insurance for your needs.
- 1
Decide on Coverage Beforehand
Determining your home insurance coverage needs in advance helps you compare quotes fairly and avoid being oversold.
- 2
Research Cost and Discounts
Researching average home insurance costs in South Dakota by city and profile gives you a solid reference point for evaluating potential savings. Understanding available discounts helps you find insurers offering lower rates.
- 3
Compare Company Offerings and Reputations
Evaluate add-on coverages and company reputation beyond just pricing. Use resources like J.D. Power, the NAIC, Reddit and Trustpilot to assess reviews and service quality.
- 4
Compare Many Quotes Through Multiple Means
Comparing quotes on an apples-to-apples basis helps you identify the cheapest option for equivalent coverage. Prices may vary based on the source, so request quotes online and from independent agents and captive agents.
Best Home Insurance in Sioux Falls: Bottom Line
The best and most affordable home insurance companies in Sioux Falls are State Farm, American Family and Nationwide. Compare multiple quotes yourself to ensure you're getting the best rate.
Sioux Falls Home Insurance: FAQ
We've answered frequently asked questions about home insurance in Sioux Falls to help you make informed decisions.
Who offers the best home insurance in Sioux Falls?
We recommend State Farm as the top home insurance provider in Sioux Falls for its affordability, customer service and coverage options. Additionally, consider getting quotes from American Family, Nationwide, Farmers and Allstate.
Who has the cheapest home insurance in Sioux Falls?
Nationwide offers the most affordable home insurance for the average homeowner in Sioux Falls, with average pricing at $343 per month or $4,114 yearly. Rates can vary widely, though, depending on your coverage level and home characteristics.
What does home insurance cost in Sioux Falls?
Home insurance costs in Sioux Falls range from $3,971 to $36,713 annually, depending on the property and coverage levels.
How We Decided the Best Cheap Home Insurance Companies in Sioux Falls
MoneyGeek’s study analyzed home insurance premiums from 10 companies in Sioux Falls. The data used was provided in partnership with Quadrant. The customer satisfaction scores used in this study were drawn from J.D. Power surveys. To calculate affordability scores, quotes were collected for a home with varying coverage levels.
In this analysis, MoneyGeek used a base profile for a homeowner with a 2,500 square foot home built in 2000 with dwelling coverage of $250,000, personal property coverage of $100,000, and liability coverage of $100,000. All the policies had the same deductible of $1,000.
Other quotes were also collected for homeowners with newly constructed homes, increased dwelling or personal property coverage, higher deductibles, and poor credit scores.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.