South Dakota Home Insurance Calculator: Free Cost Estimator (2023)

Depending on where you live in South Dakota, your homeowners insurance costs will change. Your premium will probably be higher than someone who lives in a state with lower risks if you reside in a place where fraud, natural disasters and fires are more prevalent.

Your home's dwelling coverage pays for the cost of reconstruction. The price of homeowners insurance may vary based on the quantity of dwelling coverage you include in your policy.

In South Dakota, the typical amount for dwelling coverage is $250,000.

Your deductible is the amount you must pay before your homeowners insurance company begins to pay when you file a claim.

For instance, if you have a $500 deductible on your insurance and your claim is worth $10,000, you will only get $9,500.

As your deductible decreases, your insurance rate will typically increase.

Liability insurance provides coverage for expenses related to injuries to third parties and their property sustained on your property as a result of your negligence. These expenses include legal fees, replacement costs, medical expenses, pain and suffering costs and death benefits.

MoneyGeek recommends getting enough liability insurance to protect your assets. For coverage worth thousands of dollars, liability insurance has a very low annual rate.

Your clothing, gadgets, furniture and other possessions are all covered by personal property insurance.

It's important to give your personal items the security they need. To determine how much personal property insurance you need, use the calculator below.

When determining how much your South Dakota home insurance will cost, insurance companies take your credit score into account. Because they are more likely to make a claim, homeowners with lower credit scores are viewed as riskier by insurers. If you have poor credit, your South Dakota homeowners insurance will be more expensive.