The Best Homeowners Insurance Companies in South Dakota (2022)
Claims experience, customer service quality, financial stability and affordability are among the most important factors to consider when looking for the best home insurance companies in South Dakota. Based on these factors, we found that Travelers is the overall best insurer in the state. However, your particular needs will play a role in determining the best option for you.
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Using our scoring system, we identified the top-rated home insurance in South Dakota for different types of homeowners. We also looked into the coverages and discounts as well to help you find the best fit.
Travelers is the overall top insurance company in the state and is also the cheapest provider. Auto-Owners Insurance Co has the best service, while State Farm is the best if you have an expensive home or want to bundle coverages.
MoneyGeek also analyzed the cheapest homeowners insurance providers in South Dakota for those more concerned with saving on their monthly bill.
The Best Homeowners Insurance in South Dakota
The Best Overall Homeowners Insurance Companies in South Dakota
While home insurance isn't required by law, it's a must if you want to keep your belongings safe. MoneyGeek evaluated insurers based on their claims reputation, customer satisfaction, financial stability and affordability to determine the best home insurance in South Dakota.
Using the previously mentioned criteria, we find that the best home insurance providers in the state are:
- Travelers: MoneyGeek score of 83 out of 100
- Allstate: MoneyGeek score of 82 out of 100
USAA is not included on this list since its policies are only accessible to military personnel and their families who are active or retired. However, for those who are qualified, USAA has a score of 96 out of 100, making it the best in the state.
MoneyGeek analyzed the specific coverages and savings offered by Travelers and Allstate to determine why they are the best insurers in South Dakota.
The Top Home Insurance Companies in South Dakota
Travelers is the best-rated home insurance company in South Dakota, with policies costing an average of $1,666 per year. It ranks first in terms of financial stability and affordability and sixth in customer satisfaction. It offers energy efficiency upgrade coverage.
Travelers offers unique add-on coverages, including the green home coverage. This helps you pay to repair, replace or rebuild a home with green materials. It also provides rare discounts like home buyer discounts for customers who acquired their house within the previous 12 months of the policy's effective date.Read MoneyGeek's Travelers home Insurance Review
Allstate is the second-best home insurance company in South Dakota, scoring highly in terms of affordability and financial stability. The company’s annual premium is $2,369 on average. This insurer provides home rental coverage for those who rent out their houses.
Allstate allows you to add a variety of unique coverage options, such as HostAdvantage® House-Sharing Insurance. This protects your valuables when you rent out your home. You may also choose to include mold coverage as well as their yard and garden coverage, which covers stuff like trees, riding lawn mowers and landscaping. It even offers an automatic payment discount when you set up autopay.Read MoneyGeek's Allstate home Insurance Review
MoneyGeek gathered quotes from across the country and compared them to J.D.'s. Customer satisfaction scores and a rating of property claims from J.D. Power. This information was used to determine the best home insurance nationally and in South Dakota.
However, based on your circumstances, your actual insurance costs and customer experience may differ. For additional information, see MoneyGeek's methodology.
The Best Homeowners Companies in South Dakota for Service Quality
MoneyGeek ranked the best home insurance providers in South Dakota based only on customer satisfaction and claims experience. These rankings are specifically for homeowners who prioritize service quality over affordability.
The top insurers in South Dakota for quality service are:
- Auto-Owners Insurance Co: MoneyGeek score of 89 out of 100
- American Family: MoneyGeek score of 83 out of 100
With a perfect score of 100, USAA provides the best home insurance in South Dakota for military families who are focused on quality over price. However, we excluded this insurer from our rankings since it only offers policies to military families.
To further understand why we rank Auto-Owners Insurance Co and American Family as the top insurers in terms of service, MoneyGeek highlights the unique coverages and discounts that these companies provide.
The Top Home Insurance Companies in South Dakota for Quality Service
Auto-Owners Insurance Co ranked first in claims and second place in customer satisfaction. This insurer provides a positive service experience to clients filing a claim in times of need.
Unique coverages are available from Auto-Owners Insurance Co. This includes protection against damage caused by an underground pipe or wiring that connects your property to a public utility service provider or a private system. It also provides coverage to your home's electrical and mechanical equipment, such as air conditioners and heating units, as well as computers and other important appliances.Read MoneyGeek's Auto-Owners Insurance Co home Insurance Review
In South Dakota, American Family is ranked second in terms of customer satisfaction as well as claims. American Family has a better claims score vs. satisfaction score, meaning it will provide its customers with a good experience when filing a claim.
Consumers may choose from a variety of different optional coverage selections from American Family. For example, when your home systems, appliances and smart home gadgets are damaged as a result of an electrical or pressure system failure, the equipment breakdown plan will cover you. There’s also coverage that protects you from hidden water damage, insuring you in the event that you don't notice a leak on your property.Read MoneyGeek's American Family home Insurance Review
The Best Homeowners Companies in South Dakota on a Budget
MoneyGeek can help you find the best home insurance providers in South Dakota if you're on a tight budget.
In terms of affordability, the state’s best insurers are:
- Travelers: MoneyGeek score of 91 out of 100
- Farmers: MoneyGeek score of 86 out of 100
With a score of 93 out of 100, USAA came out on top. However, it was not included in our rankings since it only insures military-affiliated families.
Farmers' insurance costs an average of $2,048 per year, while Travelers’ policies cost an average of $1,666 per year. MoneyGeek analyzed Travelers' unique coverages and discounts to discover why it is the most affordable.
The Top Home Insurance Companies in South Dakota on a Budget
Affordable home insurance coverage at roughly $1,666 per year
Discounts including bundles, claims-free and protective devices
Does not offer discounts for new homes and home renovation.
MoneyGeek satisfaction rating of 3.55 out of 5
In terms of pricing, MoneyGeek awarded Travelers a perfect score of 5. This makes Travelers the most affordable insurer in South Dakota. They offer the cheapest plans on average and have a variety of discounts. Customers who have not filed a claim within a certain time period are entitled to a free discount. It also gives you a discount if you buy smoke detectors and fire alarms, as well as interior sprinklers, home security systems and smart home technologies. You can even save money by combining your home and auto insurance policies.
Additionally, Travelers offers discounts not readily offered by other insurance companies. This includes a home buyer discount that is available to customers who acquired their house during the previous 12 months of the policy's effective date.
The Best Homeowners Companies in South Dakota for Expensive Homes
In most cases, expensive houses require additional insurance coverage. MoneyGeek ranked the best home insurance providers in South Dakota for houses that would cost $2 million to replace while taking customer satisfaction into account.
The best insurance providers for high-end residences in South Dakota are:
- State Farm: MoneyGeek score of 84 out of 100
- American Family: MoneyGeek score of 82 out of 100
With a score of 99 out of 100, USAA earned the title of the best insurer for expensive homes in South Dakota. However, since it is exclusively available to military-related individuals and families, it is not included in our rankings.
To show why State Farm scored the highest among companies selling home insurance policies for expensive houses, MoneyGeek looked into the unique coverages they offer to policyholders.
The Top Home Insurance Companies in South Dakota for High-Value Homes
MoneyGeek satisfaction rating of 4.09 out of 5
Ranks fourth out of six insurance companies for affordability for expensive homes
When it comes to insurance for expensive homes, State Farm has high customer satisfaction ratings but lower affordability rankings.
State Farm offers a variety of coverage options for high-value homeowners, including personal property coverage and cyber event/id theft coverage. Homeowners covered with a scheduled personal property policy can get additional protection for their expensive possessions. Meanwhile, if your identity is used illegally to conduct crimes, open false credit accounts, secure loans or enter into contracts, cyber event / ID theft coverage will assist you with case management and compensate you for your loss.
The Best Homeowners Companies in South Dakota for Veterans
To identify the best plan for military families, MoneyGeek compared the top insurance providers in South Dakota. USAA received a MoneyGeek rating of 96 out of 100, making it the state's best-rated insurer.
In terms of cost, USAA costs an average of $2,241 in South Dakota.
USAA ranks well in terms of customer satisfaction and financial stability. Furthermore, it caters to the needs of current and past military personnel, along with their families.
The Top Home Insurance Companies in South Dakota for Veterans
Coverage tailored to military families
MoneyGeek satisfaction rating of 5 out of 5
MoneyGeek affordability score of 4.39 out of 5
Not available if you don’t have a military background.
In terms of customer service and pricing, USAA is an excellent choice.
Military families can benefit from the company's specific coverage and savings. Contents replacement cost coverage, for example, is included in USAA plans. Without taking into account depreciation, this coverage pays the cost of replacing any items that are damaged during a qualifying event. Optional coverages can also be added. The home-sharing coverage is a great option for individuals who rent out a room or their entire house because it protects both the homeowners and their guests.
Bundling home and car insurance plans with USAA might save you a lot of money. Homeowners that have protection devices installed can also take advantage of a discount with the insurer as well as those who don't file claims for five years or more.
The Best Homeowners Companies in South Dakota for Bundling
One of the most effective strategies to save money is to bundle home and car insurance. It's critical, though, to choose the best insurer for your coverage needs.
MoneyGeek selected the best car insurance company in South Dakota as well as the top-rated home insurance provider in the state. This will help you if you're seeking the best auto insurance and want to pair it with the top house insurance coverage.
The best insurers for bundling home and auto insurance are:
- State Farm: MoneyGeek score of 84 out of 100
- Allstate: MoneyGeek score of 76 out of 100
Not only does having two insurance plans in one make it easier to manage your insurance, but it might potentially open the door for more discounts. These benefits save you both time and money.
The Top Home Insurance Companies in South Dakota for Bundling
Home insurance MoneyGeek score of 4.06 out of 5
32% bundling discount
Auto MoneyGeek score of 3.92 out of 5
When it comes to bundling house insurance in South Dakota, State Farm is the top choice. This is due to the fact that, despite its lower car insurance rating, it has an excellent homeowners insurance rating and provides a great discount.
For those who bundle, this insurance provides special coverages. State Farm’s home insurance policies include energy efficiency upgrades. During a covered loss, this pays for up to 150 percent of any damaged heating or air conditioning equipment and/or water heater to assist you in upgrading to more energy-efficient alternatives.
They also provide roadside help coverage as part of your car insurance policy, which guarantees that you have access to roadside assistance 24 hours a day, seven days a week, in the event that you are involved in an accident or your vehicle malfunctions.
How to Find the Best Home Insurance in South Dakota
It's critical to find a balance between pricing, service reputation and financial stability when shopping for home insurance in South Dakota. While MoneyGeek provides useful information and ranks the best home insurers in the state, you can also do your own research to make a more informed decision.
Research Customer Service Reputations in South Dakota
MoneyGeek researched the reputations of home insurance firms in South Dakota in terms of customer service. You can also check out the J.D. Power satisfaction score and the NAIC complaint ratios of the insurance companies in your state. You may even learn more about house insurance by visiting the South Dakota Department of Insurance's website.
Compare Quotes for Yourself
MoneyGeek's analysis of insurance quotes is based on sample profiles of homeowners across most of South Dakota. They may not, however, apply to your specific location or needs. You can compare quotes yourself to obtain a clear sense of how much your home insurance might cost. It’s advisable to request estimates from at least three insurance companies.
Make Sure the Company Has Coverages You Want in South Dakota
While insurance companies promote certain coverages and discounts, some of the offerings may not be available in all states. It is critical to check with your insurance company to see whether they have the coverage and savings you're searching for.
Double-Check Financial Stability Ratings
You should also consider the insurers' financial stability ratings. Smaller insurance companies in South Dakota may have lower ratings, while large insurers are more financially stable.
FAQs About the Best Home Insurance in South Dakota
The best home insurance in South Dakota is determined by your needs as a homeowner and your personal circumstances. To help you make an informed decision, MoneyGeek answered some of the most frequently asked questions about homeowners insurance in the state.
MoneyGeek scores for homeowners insurance in South Dakota were calculated by using a scaled and weighted average of J.D. Power Property Claims and Customer Satisfaction Scores, real homeowners insurance quotes and financial stability ratings from A.M. Best. Our scoring system weighted J.D. Power scores 60%, affordability 30% and financial stability 10%, adjusting weightings in the sections focused on affordability and service experience specifically.
MoneyGeek analyzed homeowners insurance quotes from the top insurance companies in South Dakota that were provided in partnership with Quadrant. Our analysis includes quotes from ZIP codes across South Dakota. Quotes were gathered with an average home profile of 2,500 square feet, built in 2000, with an average dwelling coverage value of $250,000, liability coverage of $100,000 and personal property coverage of $100,000.
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