From Sioux Falls to Mount Rushmore, no matter where you want to drive in South Dakota, you need to make sure you have car insurance. The best way to save money on your auto insurance obligations, is by getting South Dakota car insurance quotes. You can get started now by using the quote form above for free.
In addition, you can learn more about South Dakota’s insurance requirements below. Learn about your mandatory insurance requirements, insurance laws, premium rates, accident statistics and more. This can help you find the type and amount of insurance that is right for you.
So either keep reading to learn more, or jump straight to your free instant auto insurance quote by using the zip code form above.
Minimum Auto Insurance Requirements In South Dakota
South Dakota has what can be described as relatively standard auto insurance requirements. At the current time three separate types of insurance are mandatory in the state. You will need to buy bodily injury liability insurance, property damage liability insurance and Uninsured/Underinsured motorist coverage, in the following amounts:
- $25,000 per person bodily injury liability;
- $50,000 per accident bodily injury liability;
- $25,000 per accident property damage liability;
- Uninsured/Underinsured motorist coverage equal to your bodily injury liability limits.
Getting insurance in the amount and types listed above will keep you legal, but may not keep you financially protected. There are a few things to note about your insurance coverage that may prove helpful. For one, your uninsured/underinsured motorist coverage does not cover damage to your car from an uninsured/underinsured driver. For that protection you will have to buy collision coverage. You may also wan to look at comprehensive coverage that pays you if your car is damaged in an event other than an accident.
Similarly, you should know that the bodily injury liability portion of your policy, is only used to pay others in an accident you are responsible for. It does not cover injuries you yourself my sustain. To be protected from this, you will need to look at Medical Payment coverage.
Therefore, you should consider buying optional insurance coverage, in addition to higher liability insurance limits. Talk over your needs and concerns with a licensed insurance agent or authorized representative from a licensed insurance company. Generally speaking the more insurance the better, but how much you need can only be assessed by you and someone who is licensed to sell insurance in the state.
South Dakota State Auto Insurance Laws
Like most states in the US, South Dakota’s insurance laws are based on two fundamental principles. The first is financial responsibility. You have to prove you are financially responsible to be allowed to operate and/or license a vehicle in the state.
The second is that auto insurance operates based on the tort law system of comparative negligence. Essentially, in an accident either one driver is fully responsible or responsibility is shared based on the degree of fault. Payments are in turn determined based on the degree of fault. The more at fault you are found to be in an accident, the greater your contribution (through your insurance policy) will be in terms of paying costs.
In terms of canceling insurance, South Dakota has policies in place that benefit consumers when compared to those found in other states. The only reasons why your insurance company can cancel your policy before the term is up, is either for non-payment of premiums on your part or your driver’s license becomes suspended.
Finally, you can read more on other legal issues such as estimates, choosing not to file a claim, using your car for business purposes, SR-22 forms, total loss and more from the South Dakota Division Of Insurance.
South Dakota Car Insurance Companies
You may have little choice about where you live, but you have a lot of choice when it comes to South Dakota car insurance companies. There are currently 161 companies licensed to sell various types of auto insurance policies in the state. The following is a list of all companies with at least 1% market share, in order of size.
Kemper Corporation (formerly Unitrin)
Now just because the companies listed above are big does not mean they will have the best rates, best customer service or even that they are the most financially secure. You should do your research to pick a company that has a good balance between low prices and good customer service. You can use the links above to get started on your research.
If you have tried to resolve an issue with your insurance company, but they are not willing to work with you, it might be time to file a complaint with the South Dakota Division of Insurance.
Average South Dakota Auto Insurance Rates
South Dakota was the third cheapest state in the United States in 2008 for car insurance according to the Insurance Information Institute. (Only North Dakota and Iowa were cheaper) Average auto insurance rates were just $520 per year.
Online insurance quote website CarInsurance.com reports that the state still remains below average when it comes to car insurance premiums. The average quote for drivers in the state for 2011 comes in at $1,066 per year, about $400 less per year than the typical quote for an American driver.
Therefore all other things being equal, South Dakota car owners and drivers get a pretty good deal when it comes to insurance. Still, you can get an even better deal if you shop online. Remember, you can get completely free quotes from the car insurance quote form at the bottom of this page.
South Dakota Car Accident Statistics
South Dakota is on average a more dangerous place to drive compared to many other states. In 2010, according to the Department of Public Safety there were 17,626 car accidents, which resulted in 5,801 injuries and 140 fatalities. All three of these numbers were an increase from the year before.
To compare these numbers you have to look at data from the National Highway Traffic Safety Administration (NHTSA). The best way to compare the data is the fatality rate per 100 million vehicle miles traveled (VMT). On this basis in 2009, South Dakota had 1.50 fatalities per 100 VMT compared to a national average rate of 1.14. Meaning, South Dakota drivers have about a 30% greater chance of being killed in a road accident, than the overall average US driver.
The accidents in South Dakota tend to be relatively geographically concentrated. Just three counties accounted for 25% of all fatalities in 2009 according to the NHTSA. They were Shannon County, Minnehaha County and Pennington County. You can learn how to be a safer driver through the Office of Highway Safety web site.
Instant South Dakota Car Insurance Quotes And Lower Premiums
If you don’t already have a South Dakota car insurance policy or you’re looking for a cheaper one, you can get stared shopping by getting several instant car insurance quotes online. Of course as you saw above the average premiums in the state are already quite low, but that doesn’t mean you can’t do even better.
Moreover, just because rates are lower than the rest of the US, does not mean that the type of car or the age of the driver will not affect the pricing of a policy. A South Dakota car insurance quote for larger vehicles such as SUVs generally costs more because of the repairs that need to be done if collision does occur.
Also younger drivers, those in their teens until age 25, are usually expected to be charged more. This is because they are more prone to endangering their car and getting in accidents as opposed to those who are older and more mature.
A typical South Dakota car insurance quote will show higher prices when it comes to premiums, if the driver has received several tickets, or has been in several accidents. The raised premiums aim to encourage accident-prone drivers to drive more safely. On a positive note, the premiums go down on the get-go for drivers with a clean record. Another technique to lower your premiums is to drive less.
When you drive less, there is a lowered chance of you getting into an accident. So, when you get apply for a renewal of your insurance, you may ant to consider is if you will actually drive less. Insurance companies do check and if you are caught lying they can deny your claim and/or coverage in the future.
A South Dakota car insurance quote is easy to lower; you just need to know how to do it properly, and when to do it. The main idea is to keep driving safely. Do that and check regularly for rate information, and you’ll keep your rates low for the long term. Get started now:
South Dakota City Insurance Guides