The average annual cost of full coverage car insurance in South Dakota is $1,642, which is very comparable to the national average rate of $1,674. The state-required minimum liability insurance comes in at an average of $275 annually, which is much cheaper than the national average of $565.
Car insurance premiums vary widely among people, since insurance companies take many factors into consideration. Your rate will not be the same as the next driver. If you are looking for the cheapest car insurance in South Dakota, you’ll want to shop around and compare car insurance quotes from different companies.
What Is the Average Premium in South Dakota for Cheap Full Coverage Car Insurance?
In South Dakota, drivers pay roughly $137 per month for full coverage car insurance.
Full coverage refers to the basic liability insurance, plus collision and comprehensive coverage. Collision car insurance coverage covers damages (repair or replacement costs) due to vehicle-to-vehicle, vehicle-to-object, and rollover collisions. Comprehensive auto insurance coverage focuses on a broader range of scenarios outside of your control, such as theft, hail, and vandalism.
Outside of your driving record, expect the amount of liability coverage you carry, deductible amount, and add-ons such as rental car reimbursement to play a significant role in the insurance rates you pay. With higher coverage limits, the insurer assumes more risk, which results in a higher premium. On the same side of the coin, if you choose a higher deductible, your insurance company pays less, so you’ll have a smaller premium.
How Much Is It for Cheap Liability Insurance or the Minimum Required Car Insurance in South Dakota?
The average cost of minimum car insurance in South Dakota is $23 per month. This includes liability car insurance, which is part bodily injury/death liability insurance and part property damage liability insurance. The other required insurance in South Dakota is uninsured motorist coverage.
Every state has its own minimum level of car insurance coverage that drivers must have. Getting minimum car insurance is a great way to save money on your auto insurance premium each month. However, you may be at a real disadvantage if there is an accident and you only have minimal insurance protection. If the bills are more than the insurance coverage you have, you could be left having to pay out of pocket.
Do not consider driving your purchased or leased vehicle in South Dakota without an insurance policy. A state minimum policy can be very affordable with a clean driving record.
How Do Rates Compare Across Major Cities in South Dakota?
Each city in South Dakota pays different rates depending on how many accidents and other types of claims come from the area.
For the monthly average premium in five major cities, check out the statistics below:
Unless otherwise specified, we use the following methodology to arrive at our average cost: male, age 30, lowest possible legal coverage allowed by South Dakota. Your rates will be determined by several factors, including your age, your gender and the amount of coverage you want to purchase.