Cheapest and Best Car Insurance in Sioux Falls, SD (2024)

In Sioux Falls, South Dakota, Farmers Mutual of Nebraska offers the lowest rates for minimum coverage, while American Family is the most affordable for full coverage. Families with teen drivers will find Allstate the best value. Western National stands out for superior customer service, while American Family provides the best overall value with its affordability and high-quality service. Your best choice depends on your coverage needs and preferences.

Farmers Mutual of Nebraska offers the cheapest car insurance for minimum coverage in Sioux Falls.

• Farmers Mutual of Nebraska: $268 per year
• American Family: $294 per year

Farmers has the most expensive policy at $746 per year. The $478 difference between the lowest and highest rates underscores the importance of comparing car insurance rates to save money.

In South Dakota, including Sioux Falls, drivers must meet the state's minimum car insurance requirements, which include:

• Bodily injury per person: $25,000
• Bodily injury per accident: $50,000
• Property damage liability per accident: $25,000
• Uninsured motorist bodily injury per person: $25,000
• Uninsured motorist bodily injury per accident: $50,000

If you're at fault in an accident and the other driver's medical expenses exceed your $25,000 bodily injury per person coverage, you'll be responsible for the costs beyond your policy limit.

American Family offers the cheapest full coverage car insurance in Sioux Falls.

• American Family: $625 per year
• Kemper: $718 per year

Progressive has the most expensive full coverage policy in Sioux Falls, costing $1,003 more annually than American Family. This huge price difference emphasizes the need to shop around, especially since full coverage policies, which include comprehensive and collision coverage, are more expensive than minimum coverage.

A full coverage policy enhances protection with higher liability limits than minimum coverage: $100,000 for bodily injury per person, $300,000 for bodily injury per accident and $100,000 for property damage per accident.

Full coverage also includes these insurance types:

• Collision insurance covers vehicle repair costs after collisions, whether with another car or an object like a tree or light pole. It also covers rollover accidents and pothole damage.
• Comprehensive insurance provides financial protection from theft, weather damage, vandalism, fires, natural disasters and hitting animals like deer.

Full coverage insurance is typically required if you lease or finance a car. For new vehicles, full coverage provides financial protection for your investment. However, the additional protection may not justify the higher cost for older vehicles. Finding the right amount of car insurance involves balancing coverage against premiums to prepare for unexpected expenses.

American Family is the cheapest company for drivers with a poor driving record in Sioux Falls. Here are the lowest rates for various driving offenses:

• Speeding ticket and DUI: $855 per year
• At-fault accident: $880 per year

GEICO has the most expensive average rate for a DUI at $3,876 per year, and Iowa Farm Bureau has the highest for an at-fault accident at $2,305. Progressive charges the highest average annual premium for a speeding ticket at $1,898. Expect your premium to rise following a driving offense, but you can still find affordable rates.

In Sioux Falls, the severity of driving offenses largely affects insurance rates. For instance, drivers with a speeding ticket face an average annual premium of $1,770, while those with a DUI could see rates rise to around $2,637. These substantial differences highlight the importance of comparing insurance options carefully, as drivers with traffic violations can save hundreds of dollars by finding the best rates.

Allstate provides the cheapest car insurance for teens in Sioux Falls. Here are the lowest premiums for a policy covering two parents and a teen driver:

• Allstate: $1,234 per year for female teens and $1,320 per year for male teens
• Nationwide: $1,342 per year for female teens and $1,465 per year for male teens

Progressive has the most expensive policy for families with teen drivers, with an annual premium difference of $1,484 compared to Allstate for female teens. This price gap underscores the importance of comparing quotes, especially with teen drivers who are considered higher risk and can substantially increase family car insurance costs.

Teen drivers often face high car insurance premiums due to the higher risk associated with their inexperience. On average, an individual teen's annual premium in Sioux Falls can reach $5,210, while adding a teen to a family plan increases the overall premium by just $2,271. This difference makes family plans a more affordable and accessible option for securing coverage.

American Family offers the cheapest car insurance for those with military backgrounds in Sioux Falls.

• American Family: $625 per year
• Kemper: $718 per year

While USAA ranks fourth, with an annual cost of $904, it remains a top choice for its specialized services for active-duty military members.

In Sioux Falls, comparing rates helps you save on car insurance. However, it can take about 15 minutes per insurer and up to over an hour for three or more companies. MoneyGeek's car insurance calculator can help make the process much easier. Enter key details like age, driving history, credit rating and coverage preferences to get an instant estimate.

Choosing the best auto insurance in Sioux Falls depends on your priorities — service, cost or coverage. Based on MoneyGeek's analysis, here are the top insurers in Sioux Falls:

• Best overall: American Family (MoneyGeek score of 81 out of 100)
• Best for service: Western National (MoneyGeek score of 78 out of 100)
• Best cheap: American Family (MoneyGeek score of 83 out of 100)

American Family stands out for its balance of affordability and quality service, making it an excellent choice for those who want value without sacrificing customer support. With its strong satisfaction score, Western National is better for those who prioritize an exceptional customer experience.

American Family offers the best car insurance in Sioux Falls.

• American Family: MoneyGeek score of 81 out of 100 ($625 per year)
• Auto-Owners: MoneyGeek score of 75 out of 100 ($1,033 per year)

American Family leads with top satisfaction and affordability scores, making it the best choice for a full coverage policy. Its high MoneyGeek score reflects competitive pricing and excellent customer satisfaction.

Western National stands out in Sioux Falls for its exceptional customer service in car insurance, emphasizing satisfaction and claims handling over cost.

• Western National: MoneyGeek score of 78 out of 100 ($1,361 per year)
• Auto-Owners: MoneyGeek score of 77 out of 100 ($1,033 per year)

Western National’s high satisfaction score is a key factor in its top ranking, reflecting its strong commitment to customer care and reliable insurance.

American Family offers the best cheap car insurance in Sioux Falls, balancing cost and quality service. This ranking considers affordability alongside claims handling and customer satisfaction.

• American Family: MoneyGeek score of 83 out of 100 ($294 per year)
• Auto-Owners: MoneyGeek score of 79 out of 100 ($425 per year)

American Family excels with the highest affordability score and strong satisfaction and coverage scores, making it a top choice for cost-effective insurance without compromising quality.

The average car insurance cost in Sioux Falls is $1,054, which is lower than South Dakota's average of $1,130. Compared to the national average of $1,781, the state average shows a cost saving of $651.

Insurance rates vary based on driving history, age and vehicle type, but location plays a major role. Factors like accident rates, theft statistics and traffic conditions affect premiums. Sioux Falls' lower average compared to state and national figures shows how location can significantly impact insurance costs. Non-urban areas often have even lower rates due to less traffic.