The 3 Best South Dakota Homeowners Insurance Companies

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Due to a high risk of weather-related property damage, South Dakota’s average homeowners insurance premium rates of $1,379 are above the national average of $1,228, according to Insurance.com. Homeowners in the Mount Rushmore state can face flooding from the Big Sioux River. In addition, a higher-than-average risk of tornadoes and winter storms makes it imperative for residents to have comprehensive homeowners insurance to protect against the elements.

These premium rates make it necessary to select providers based on factors such as coverage option availability, financial stability ratings, and customer-friendly claims services. Having considered these factors in our research, we’ve outlined the top homeowners insurance providers in South Dakota. We’ve also included an online quote tool so you can easily get started with an accurate quote in your area.

Find the Best Home Insurance

Enter your ZIP code below and be sure to click at least 2-3 companies to find the very best rate.

Our Top Picks for Best Homeowners Insurance in South Dakota

State Farm

State Farm offers affordable homeowners insurance in South Dakota, with policy options available for nearly every type of dwelling. Farm and ranch owners in the Mount Rushmore State can find on- and off-property coverage options from State Farm that are among the best.

A standard State Farm policy protects against fire and lightning, windstorm and hail, and vandalism and theft. Policies can be easily customized, however, with add-on options for increased protection against personal liability, injury and identity theft.

State Farm’s unique Discount Double Check feature helps you save on your South Dakota homeowners insurance policy by automatically ensuring that you have received every premium deduction you are eligible for.

In the unfortunate event of a loss, State Farm is a good company to have on your side. You can report a claim either online, in person with a local agent, over the phone using its 24-hour claims hotline, or via its Pocket Agent mobile app. The State Farm Premier Service Program can connect you with a local contractor in your area to make emergency repairs following a covered loss so you can get on your feet and back into your home sooner.

In addition, State Farm is the largest homeowners insurance provider on the market, making it reliable and financially stable.

American Family

Backed by an A+ financial stability rating from A.M. Best, American Family is a popular option for affordable South Dakota homeowners insurance. Each standard AmFam policy protects against damage made to your dwelling. The policy also provides additional living-expense coverage should you be temporarily displaced from your home following a loss.

Policies can be supplemented with identity theft coverage, personal injury and liability protection, and personal property replacement. AmFam customers who have home offices or day care centers at home also have the option to buy additional coverage to better protect these assets.

With American Family, you can be sure that you are receiving the best possible premium rate on your South Dakota homeowners insurance policy; the company automatically factors in variables like customer longevity and loyalty, claims history, and premium discounts. Saving opportunities include those for customers who bundle insurance products, install home security features, insure a new or recently remodeled home, or have a roof built with impact-resistant materials.

When you file a claim, claim adjusters come out quickly to your property with the company’s approved contractors. As a result, the company has good rankings for overall satisfaction.

For more information on discount eligibility and policy quote estimates, visit the American Family website.

Nationwide

Nationwide offers South Dakota residents affordable homeowners insurance policies that can be easily customized to protect what matters most to you. Nationwide’s unique Brand New Belongings coverage, for instance, allows you to replace items left damaged or destroyed after a covered loss with brand-new replacements. The Better Roof Replacement option assists in rebuilding your roof with safer materials, thereby decreasing your risk for subsequent disaster and saving you money in the long run.

Nationwide offers a host of discounts to help you save on your South Dakota homeowners insurance policy: You can receive up to a 30 percent discount based on the age of your home, 20 percent for bundling home and auto policies, 15 percent for installing security features, 5 percent for being married, and more.

Nationwide also gives every new policyholder a free On Your Side Review. This insurance consultation with a Nationwide agent can help you better understand the specifics of your policy and manage your deductible. You can also determine whether you are receiving the right level of coverage for your living situation and budget. This review can also make sure you’re receiving every discount you are eligible for, so make sure to take advantage of it!

Nationwide’s financial strength is strong. The company has an A+ financial strength rating from A.M. Best, an A1 financial strength rating from Moody’s, and an A+ financial strength rating from S&P Global.

How much is homeowners insurance in South Dakota?

South Dakota’s state average insurance premium is $1,379, which is above the national average of $1,228. This cost can vary depending on the city you’re in and the rate factors listed below.

South Dakota Rate Factors

South Dakota has a high risk of tornadoes, winds and flooding.

The 3 Best South Dakota Homeowners Insurance Companies

Find the Best Home Insurance

Enter your ZIP code below and be sure to click at least 2-3 companies to find the very best rate.

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