- South Dakota government car insurance for low-income drivers
- South Dakota minimum car insurance requirements
- Best low income car insurance in South Dakota
- Cheap car insurance in South Dakota for low-income individuals
- Car insurance discounts in South Dakota for low-income drivers
- Methodology
- Low-income car insurance in South Dakota: Frequently asked questions
- Compare low-income car insurance rates in South Dakota with other states
South Dakota government car insurance for low-income drivers
There is no government-run car insurance program for low-income drivers in South Dakota. Only a handful of states (California, Hawaii and New Jersey) have such a program.
In South Dakota, low-income drivers must still carry the minimum amount of car insurance. The best way to find it on a budget is to shop around.
South Dakota minimum car insurance requirements
The minimum car insurance requirements in South Dakota are as follows:
| Minimum liability coverage limits | Average annual premium | Other types of insurance required (if any) |
|---|---|---|
| 25/50/25 | $307 | UIMBI and UMBI |
Remember that if you have a loan on your car, you’re required to carry full coverage, which includes collision and comprehensive.
Best low income car insurance in South Dakota
Auto-Owners came out on top as the best pick for low-income car insurance.
People on a tight budget still deserve great service from their car insurance company. We gathered the data on the top car insurance companies in South Dakota and compared them on rates for state-minimum coverage, financial stability and customer satisfaction based on J.D. Power and National Association of Insurance Commissioners (NAIC) scores.
These are the best low-income car insurance companies in South Dakota.
| Company | Average annual premium | J.D. Power | AM Best | NAIC | Insurance.com score |
|---|---|---|---|---|---|
| Auto-Owners | $257 | 829 | A++ | 0.5 | 3.89 |
| Geico | $223 | 819 | A++ | 0.91 | 3.36 |
| State Farm | $285 | 833 | A++ | 0.7 | 3.35 |
| Nationwide | $297 | 792 | A+ | 0.64 | 3.13 |
| Progressive | $335 | 803 | A+ | 0.65 | 2.99 |
| Allstate | $453 | 806 | A+ | 0.65 | 2.57 |
| Farmers | $464 | 819 | A | 0.8 | 2.32 |
Cheap car insurance in South Dakota for low-income individuals
Based on state-minimum coverage, we found that the cheapest car insurance company in South Dakota is Geico at an average rate of $223 a year.
When you’re working with a tight budget, price is the number one consideration. We gathered rates from car insurance companies in South Dakota to find the cheapest options on average.
| Company name | Average annual premium | Average monthly premium |
|---|---|---|
| Geico | $223 | $19 |
| Farmers Mutual of Nebraska | $237 | $20 |
| North Star Mutual | $244 | $20 |
| Auto-Owners | $257 | $21 |
| State Farm | $285 | $24 |
| Nationwide | $297 | $25 |
| Progressive | $335 | $28 |
| Iowa Farm Bureau | $377 | $31 |
| Allstate | $453 | $38 |
| Farmers | $464 | $39 |
| USAA | $193 | $16 |
Car insurance discounts in South Dakota for low-income drivers
Discounts are the best way to bring down your car insurance rates. There are a number of discounts low-income drivers in South Dakota can take advantage of for cheaper insurance. Take a look at some common discounts and how much you can save below.
| Discount type | % Discount |
|---|---|
| Years Licensed | 23% |
| Years Insured | 20% |
| Profession | 14% |
| Telematics | 13% |
| Primary Use | 12% |
| Daily Commute | 12% |
| Loyalty - Years Renewal With Company | 10% |
| Multi Policy | 9% |
| Days Per Week Driven | 9% |
| Payment Type | 8% |
| Days Advanced Purchase | 8% |
| Marital Status | 7% |
| Education | 6% |
| Lower Annual Mileage | 5% |
| Paperless/Electornic Documents | 5% |
| Homeowner | 4% |
| Electronic Funds Transfer | 4% |
| Anti-Theft Device | 4% |
| Safety Devices | 3% |
Methodology
Insurance.com commissioned car insurance rates from Quadrant Data Services in late 2023 for state minimum car insurance policies across all states. Rates are based on a 40-year-old driver with a clean driving record and good credit, driving a Honda Accord LX. We compared rates from 170 companies across 35,488 ZIP codes.
Low-income car insurance in South Dakota: Frequently asked questions
What is the cheapest car insurance company for low-income people?
In South Dakota, the cheapest car insurance company is Geico. However, that’s based on average rates and may differ for you, so it’s important to shop around.
Does South Dakota have car insurance for low-income individuals?
No, South Dakota doesn’t offer a car insurance program for low-income individuals or families.
Compare low-income car insurance rates in South Dakota with other states
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