Best and cheapest renters insurance in South Dakota

Best renters insurance companies in South Dakota

When choosing the best renters insurance company in South Dakota, make sure you’re comparing on more than just price. We’ve compared quotes, coverage options and J.D. Power scores from all the major insurers in South Dakota. Below is our list of best renters insurance companies in South Dakota based on that analysis, with our score out of five. Note that USAA only offers coverage to military families.

Company	Average rating(out of 5)
State Farm	4.5
Nationwide	4
Allstate	3.5
American Family	3.5
Farmers	3.5

Compare the best renters insurance companies in South Dakota

Comparing quotes from multiple insurance carriers is one way to ensure you will get your money’s worth. There can be big differences in price between different renters insurance providers, so it pays to shop around. Ensure you buy from a company offering affordable renters insurance and consistent customer service.

To simplify your task, we have compared the carriers for South Dakota residents based on their average rates and ratings from J.D. Power. Among the carriers surveyed, State Farm is the best renters insurance company in South Dakota. It earned 844 out of 1000 from J.D. Power and has an average renters insurance rate of $128.

The table below offers a detailed comparison of renters insurance companies in South Dakota.

Company	J.D. Power Score	Average Annual Premium	AM Best Ratings
State Farm	844	$128	A++
Nationwide	852	$162	A+
American Family	856	$248	A
Allstate	835	$144	A+
Farmers	842	$173	A

How much is renters insurance in South Dakota

South Dakota residents pay an average of $184 a year for renters insurance, and the average monthly cost is $15. That’s for a policy with personal property coverage of $40,000, liability coverage of $100,000, and a deductible of $1,000.

What you pay for renters insurance will not be the same as a neighbor’s price because it depends on factors specific to each person: the property you want to insure, extra coverage options you add, and the deductible amount you choose.

“The number one thing that’s most important is to get good liability. A renter’s policy will default to $100,000 liability,” Josiah Hatch, an insurance pro with Bender Hatch Insurance in Boston, said. “It costs next to nothing to go from $100,000 to $500,000. I want to say it’s probably 10 bucks a year. It’s really cheap to get a lot of extra coverage. I always recommend getting the most liability you can because that’s, at its core, what insurance is all about: the worst-case scenario.”

Average Annual Premium	Average Monthly Premium
$184	$15

Most expensive ZIP codes in South Dakota for renters insurance

Several factors affect your renters insurance coverage cost in South Dakota, including your location and the coverage you buy. The most expensive ZIP code in South Dakota for renters insurance is 57719, where the average annual rate is $196 which is $12 more than the state average insurance premium.

The following table lists the most expensive ZIP codes in South Dakota for renters insurance.

ZIP code	Average Annual Rate
57719	$196
57706	$195
57718	$194
57773	$189
57760	$188
57714	$187
57032	$186
57785	$185
57791	$184
57568	$183

Least expensive ZIP codes in South Dakota for renters insurance

Renters insurance rates in South Dakota are cheaper in some areas. Based on a rate analysis by Insurance.com, the least expensive ZIP code for renters insurance in South Dakota is 57317, and its average annual rate is $182.

Below, you’ll find the least expensive ZIP codes for renters insurance, along with their average annual rates.

ZIP code	Average Annual Rate
57317	$182
57003	$183
57029	$184
57069	$185
57454	$186
57061	$187
57435	$188
57551	$189
57701	$194
57706	$195

Compare renters insurance rates by city in South Dakota

Renters insurance rates vary significantly across cities, influenced by various factors, including weather patterns, crime rates, and property values. You must consider these factors and compare quotes from different insurers to get the best deal on renters insurance for your specific city in South Dakota.

City	Annual insurance premium
Aberdeen	$183
Brookings	$183
Huron	$183
Mitchell	$184
Pierre	$183
Sioux Falls	$186
Spearfish	$186
Watertown	$186
Yankton	$189

Cheap renters insurance in South Dakota by company

There are a lot of companies offering renters insurance in South Dakota. Among the carriers surveyed by Insurance.com, State Farm is the cheapest renters insurance company in South Dakota; its average annual premium is $128.

Renters insurance prices can vary drastically between companies. That’s why it is important to compare rates and see which company offers the best deal to get coverage at an affordable price.

Below are the best cheap renters insurance companies in South Dakota and their average annual premiums.

Company Name	Average Annual Premium
State Farm	$128
Allstate	$144
Iowa Farm bureau	$160
Nationwide	$162
Farmers	$173
Auto-Owners	$178
North Star Mutual	$188
Farmers Mutual Ins Co of NE	$228
American Family	$248

Methodology

Insurance.com compared renters insurance rates in 2022 provided by Quadrant Data Solutions for $40,000 personal property coverage with a $1,000 deductible and $100,000 liability coverage for all available ZIP codes based on a renter with good credit. Content was updated in 2023.