The best car insurance providers are determined by financial stability, customer satisfaction, and affordability. According to insuranceink’s research, USAA and State Farm is the best insurer in South Dakota, with the highest affordability and claims scores in the state.
When it comes to claims and affordability, USAA and State Farm ranks first among South Dakota car insurance companies. However, depending on your car insurance requirements, your preferred insurer may differ.
| Car insurance company | insuranceink Score | Average annual full coverage premium | J.D. Power customer satisfaction score (Central region) |
|---|---|---|---|
| USAA* | 5.0 | $1,337 | 897/1,000 |
| State Farm | 4.7 | $1,242 | 847/1,000 |
| Progressive | 4.4 | $1,655 | 837/1,000 |
| Allstate | 4.0 | $1,785 | 826/1,000 |
| Farmers | 3.8 | $1,272 | 848/1,000
|
USAA
USAA only provides coverage to military members, veterans, and qualifying family members. USAA does not qualify for official ranking with J.D. Power due to these eligibility restrictions, but the insurance provider consistently receives high scores. The only carrier on our list with a perfect 5.0 insuranceink Score is USAA. When combined with the lower-than-average full coverage premium, USAA could be a great choice for drivers who qualify.
State Farm Insurance
State Farm has the lowest average annual full coverage premium on our list, making it a viable option for drivers looking for low-cost car insurance. State Farm also has the industry’s largest market share and excellent financial strength scores. However, the National Association of Insurance Commissions has given the carrier a higher-than-average complaint index score. The NAIC receives an average number of complaints about a company with a score of 1.00; State Farm’s overall score is 1.46.
Progressive
Although Progressive’s average premium is slightly higher than the state average, the company may still be a good fit for your needs. Progressive may provide options for high-risk drivers who would otherwise be unable to obtain coverage. Progressive may be appealing to drivers looking for robust digital tools. The provider placed second in the service category and above average in the shopping category in the 2021 J.D. Power U.S. Insurance Digital Experience Study.
Allstate
Allstate has the highest premium on our list, but this may be due to the numerous add-on coverage types available. Allstate’s suite of endorsements, which includes custom equipment coverage and rideshare coverage, may appeal to policyholders looking for a more personalized policy. Allstate provides numerous discounts too, so you might find that you can lower your premium.
Farmers
Farmers has the highest official J.D. Power rating of any company on our list, making it a viable option for South Dakota drivers who value good service but do not qualify for USAA. Farmers also has the second-lowest average full coverage premium, so drivers on a tight budget should get a quote as well. Nonetheless, Farmers, like State Farm, has a higher-than-average NAIC complaint index score. Farmers’ score is 2.03, indicating that the NAIC receives more than double the usual number of complaints.
Average car insurance cost in South Dakota
According to Quadrant Information Services premium data for 2022, car insurance in South Dakota is generally less expensive than in the rest of the country. While the national average for full coverage car insurance is $1,655, the average cost of car insurance in South Dakota is $1,607 per year. Car insurance rates differ by state due to a variety of factors such as the likelihood of accidents, the cost of medical care, and the cost of vehicle repair.
Consider South Dakota’s minimum insurance requirements.
South Dakota’s car insurance laws require drivers to carry more types of coverage than many other states, despite having a low average cost for minimum coverage. South Dakota drivers must carry minimum limits of bodily injury liability, property damage liability, uninsured motorist bodily injury, and underinsured motorist bodily injury coverage. While minimum coverage may result in low premiums, it provides very little financial protection. To further protect your finances, most insurance professionals recommend that you purchase higher liability limits.
