Updated: November 5, 2024
Advertising & Editorial Disclosure
Auto-Owners is the best homeowners insurance provider in South Dakota. It is also the top option for those with new homes and homeowners needing higher dwelling coverage limits.
Our analysis is based on a dwelling coverage limit of $100,000. The amount of dwelling coverage you need will impact your premiums. MoneyGeek has also thoroughly evaluated the cheapest home insurance in South Dakota for budget-focused homeowners.
Best HomeInsuranceSouth Dakota
Why Trust MoneyGeek? To determine the best homeowners insurance options in South Dakota, we compiled quotes and information from the South Dakota Division of Insurance and Quadrant Information Services, ensuring that data and industry standards back our recommendations.
Home insurance rates in South Dakota represent the latest quotes as of July 2024.
Auto-Owners is the best homeowners insurance provider in in South Dakota. Understanding the merits of top insurance providers is crucial for homeowners looking to protect their property. Take a look at the best overall home insurers:
In South Dakota, various companies provide varying cost and service experiences for home insurance. For homeowners, finding a balance between affordability and reliable service that matches your specific needs is essential. Choosing the right insurer can ensure peace of mind and significant savings over time.
Auto-Owners ranks first in South Dakota for both affordability and coverage, ensuring value and comprehensive protection. Its average annual premium is $1,177.
A cornerstone of Auto-Owners' offerings includes guaranteed replacement cost, which ensures your home is rebuilt to its original quality, regardless of inflation or price surges. The company also offers scheduled personal property, expanding coverage for specific high-value items like jewelry or art. This coverage provides peace of mind and protects your cherished possessions. Both coverages shield homeowners from unexpected financial burdens.
Auto-Owners offers the best home insurance in South Dakota based on service quality. These are the top two best homeowners insurance providers for service quality, delivering exceptional service and satisfaction to their customers:
Valuing service quality in a homeowners insurance provider means expecting prompt, respectful and effective interaction, especially during stressful times like filing a claim. Homeowners should prioritize good quality service as it ensures a smoother process when support is most needed, such as when coping with damages from a severe storm.
Auto-Owners boasts a robust customer satisfaction score in South Dakota, indicating a commitment to service excellence. The company offers an affordable average annual premium of $1,177, aligning value with quality.
Auto-Owners provide add-ons such as guaranteed replacement cost and equipment breakdown. Guaranteed replacement cost ensures homeowners can rebuild their homes as it was before a loss, regardless of the actual expenses, which can be crucial after major damages. Equipment breakdown covers the sudden and accidental breakdown of appliances and home systems, adding an extra layer of protection and peace of mind beyond standard homeowners insurance. These coverages benefit homeowners seeking comprehensive protection for their property and belongings.
Auto-Owners offers the cheapest homeowners insurance in South Dakota for those on a budget. These are the best options for cost-conscious homeowners in South Dakota:
It's important to note that having the lowest premiums doesn't necessarily equate to providing the best service. However, Auto-Owners manages to balance cost with service quality.
When considering the average cost of homeowners insurance in South Dakota, savvy homeowners should opt for a provider that delivers an optimal balance of affordability and excellent service. For instance, consider a scenario where you need prompt and caring customer support after storm damage to your home — picking a provider with a track record of strong service can prove invaluable during stressful times.
Auto-Owners boasts a perfect affordability score in South Dakota, with an average annual premium of $1,177.
With an array of discounts available, Auto-Owners makes premiums more manageable for homeowners on a budget. The company offers discounts such as bundling insurance policies and installing protective devices in your home. The bundling discount rewards customers who hold multiple policies with savings, while the protective devices discount provides lower rates for homes equipped with safety features like smoke alarms and security systems. These cost-saving opportunities enhance the value of Auto-Owners' robust coverages.
Auto-Owners offers the top home insurance in South Dakota for high-value homes. For homeowners seeking policies with $1 million in dwelling coverage, the following are the best options:
Auto-Owners has a high overall MoneyGeek score and a perfect affordability score. Since premium homes require more coverage, which influences cost, finding a provider with a good balance between expense and quality is crucial.
With a perfect affordability score, Auto-Owners is the top choice for homeowners with expensive homes in South Dakota. Its average annual premium is $6,552.
Homeowners with expensive properties can further reduce costs through Auto-Owners' discounts. Its protective device discount rewards installing safety measures like smoke detectors and security systems.
Among additional coverage options, Auto-Owners offers guaranteed replacement cost, which ensures homes are rebuilt regardless of the expense. Its scheduled personal property provides extra protection for valuable items. These options are vital for tprotectinghigh-value homes and treasured belongings.
Auto-Owners is the premier home insurance provider in South Dakota for owners of new homes. The following companies are the top choices that combine affordability and top-notch coverage for $500K in dwelling coverage:
Auto-Owners strikes an excellent balance for homeowners looking for both value and reliable service. Its affordable premiums and superior customer satisfaction make it a top recommendation for your new home insurance needs.
Auto-Owners stands out in South Dakota with a high affordability score, offering homeowners an average annual premium of $1,820 for their new homes.
Auto-Owners' guaranteed replacement cost can robustly protect new homes by covering full repair or rebuilding costs, regardless of policy limits. The company also rewards homeowners with discounts like paperless billing and a responsible payment discount for consistent on-time payments. Additionally, installing emergency backup generators can offer significant savings through the automatic backup generator discount.
Auto-Owners is the best option for military members and veterans seeking the home insurance in South Dakota, setting the standard for coverage and service. Take a look at the top-tier and most affordable homeowners insurance providers in South Dakota for veterans and military families:
The ideal homeowners insurance company for veterans appreciates their distinctive needs, like frequent moves and activation periods. Top insurers guarantee comprehensive home and property protection no matter the circumstance.
Auto-Owners is the best homeowners insurance provider for veterans in South Dakota. It boasts a perfect affordability score and a strong customer satisfaction rating. Its average annual premium is $1,177.
Auto-Owners' guaranteed replacement cost coverage can help rebuild your home after a total loss without depreciation concerns. Veterans may also benefit from discounts such as responsible payment and protective device, rewarding consistent on-time payments and installing security systems, respectively. These discounts can lead to additional savings.
The best homeowners insurance providers balance quality and cost, ensuring excellent customer service and comprehensive coverage with competitive premiums. The most suitable homeowners insurance for you depends on your personal requirements. These steps will help you pinpoint the best insurance policy to protect your home and assets.
Begin the process by evaluating the specifics of your property to determine how much home insurance coverage you need. This will include the value of your dwelling, personal property and any additional liability or special coverage options.
Investigate potential insurance carriers by considering their reputation, financial stability, customer service ratings and coverage options offered. Seek out reviews and testimonials from current policyholders. Browse through websites and look for any industry awards or recognitional credentials, as they can be indicative of the provider's reliability and service quality.
After identifying several insurance carriers, examine the policies side by side. Focus on the scope of the coverage, deductible amounts, premiums and exclusions. You want to ensure you are getting comprehensive coverage for a reasonable price. To efficiently compare home insurance quotes across multiple providers, use online comparison tools.
Carefully read the insurance policy's fine print to comprehend the extent of coverage, including what is and isn't covered. Pay close attention to details regarding claim filing procedures, coverage limitations and how your rates could change over time. Understanding these aspects will help prevent future surprises in the event of a loss.
Speaking with an external insurance agent who is not tied to any particular carrier can be beneficial. Such agents can offer unbiased advice on different policies, assist with complex insurance comparisons and may even help find discounts you qualify for. Their expertise can guide you toward the best homeowners insurance option for your specific needs.
Flood insurance is not mandated for homeowners in South Dakota. However, acquiring flood insurance in South Dakota can help cover potential flood damage costs.
Selecting the best homeowners insurance provider in South Dakota hinges on your requirements and priorities. To assist you in navigating this decision, here are some of the most frequently asked questions regarding homeowners insurance providers in the Mount Rushmore State.
Auto-Owners is the best overall home insurance provider in South Dakota, with a MoneyGeek score of 99 out of 100 and an average annual premium of $1,177.
Auto-Owners also offers the cheapest homeowners insurance in South Dakota, with an average annual premium of $1,177. Homeowners may find additional discounts to lower their costs further.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
