The 3 Best South Dakota Homeowners Insurance Companies

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.

Find the Best Home Insurance in South Dakota

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    America’s top-rated home insurance

    • Policies starting at just $25/month
    • Sign up in seconds, claims paid in minutes
    • Zero hassle, zero paperwork

    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.

    In this article

      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.

      J.D. Power Rating
      3/5
      AM Best Rating
      A++
      Standard & Poor’s
      AA
      SimpleScore
      4 / 5.0
      close
      SimpleScore State Farm 4
      Discounts 2
      Coverage Options 5
      Customer Satisfaction 3
      Support 5
      Accessibility 5

      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.

      J.D. Power Rating
      3/5
      AM Best Rating
      A
      Standard & Poor’s
      A
      SimpleScore
      4 / 5.0
      close
      SimpleScore American Family 4
      Discounts 4
      Coverage Options 5
      Customer Satisfaction 3
      Support 4
      Accessibility 4

      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.

      J.D. Power Rating
      3/5
      AM Best Rating
      A+
      Standard & Poor’s
      AA+
      SimpleScore
      4.2 / 5.0
      close
      SimpleScore Nationwide 4.2
      Discounts 3
      Coverage Options 5
      Customer Satisfaction 3
      Support 5
      Accessibility 5

      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.

      Find the Best Home Insurance in South Dakota

      Save money on home insurance with our simple comparison tool.

      Matching you with providers.
      We found results in
      Click at least 2-3 companies to find the very best rate.

        America’s top-rated home insurance

        • Policies starting at just $25/month
        • Sign up in seconds, claims paid in minutes
        • Zero hassle, zero paperwork

        South Dakota Rate Factors

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

        Methodology

        SimpleScore

        The SimpleScore is a proprietary scoring metric we use to objectively compare products and services at The Simple Dollar.
        For every review, our editorial team:

        • Identifies five measurable aspects to compare across each brand
        • Determines the rating criteria for each aspect score
        • Averages the five aspect scores to produce a single SimpleScore

        Here’s a breakdown of the five aspect scores and their rating criteria for our reviews on home insurance.

        Why do some brands have different SimpleScores on different pages?

        To ensure the SimpleScore is as helpful and accurate as possible, we developed unique criteria for every category we compare at The Simple Dollar. Since most brands offer a variety of financial solutions, their products and services will score differently depending on what we’re scoring on a given page.

        However, it’s also possible for the same product from the same brand to have multiple SimpleScores. For instance, if we compare State Farm’s home insurance according to our criteria for the best home insurance, it scores a 3.8 out of 5. But when we compare State Farm according to the criteria for the best auto insurance, it scores higher, since the features the company offers can vary by the type of insurance.

        Discounts

        We looked at the number of discounts each company offers – more discounts mean a higher score.

        Coverage Options

        We awarded higher scores to the companies that offer more coverage options.

        Support

        We awarded higher scores to companies with the most channels for customer support.

        Customer Satisfaction

        We leveraged the J.D. Power 2019 Home Insurance Satisfaction Study℠ to see how customers rated their experience with each company. (If a company wasn’t included in J.D. Power’s study, we skipped this aspect and averaged the four remaining aspect scores.)

        Accessibility

        We looked at the level of accessibility of each company – the more resources they have the higher their score