South Dakota is a land of varying landscapes with sprawling prairies, rolling hills, fertile farmland, and in the southwest, the famous Badlands. There are glacial lakes and the Missouri River that runs through southeastern South Dakota. It is a land of diversity—economically, culturally, and physically.

Residents have grown accustomed to the brutal cold during the winter as well as mild weather during spring and summer. Blizzard conditions are common during the cold South Dakota winters. South Dakota homeowners know the importance of homeowners insurance to protect homes and properties against blizzard damage, such as damage from high winds or heavy snow and ice. 

South Dakota homeowners can find the best home insurance coverage options to protect against natural disasters, including blizzards and other types of covered losses, by using Insurify for a side-by-side comparison. Saving money on by comparing home insurance policies has never been so easy!

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How to Get Affordable Home Insurance in South Dakota

With so many insurance providers out there, it can be confusing to try to find the best homeowners insurance. You don’t have to skimp on coverage to save on insurance rates. Insurify is here to help you find the most comprehensive coverage at the lowest price. Ready to get started? Give Insurify a little information about yourself, and you’ll have an affordable quote in no time! 

South Dakota homeowners can save even more on insurance rates through discounts like the bundling discount, an easy way to save money just by combining home and auto insurance

Are you ready to start saving? Use Insurify for the best and cheapest home insurance quotes!

Homeowners Insurance Quotes in South Dakota by Company 

Homeowners insurance rates aren’t always designed with savings in mind. That’s where Insurify comes in.

As of 2020, the average home insurance premium in South Dakota costs $3,656 annually, and the median home value is $220,326.

Homeowners in South Dakota cities, including Rapid City, Sioux Falls, Pierre, and Aberdeen, can see average home insurance rates that vary depending on several determining factors.

Average Home Cost in South Dakota Average Annual Insurance Premium in South Dakota
$220,326 $3,656

Homeowners Insurance Quotes in South Dakota by City

Homeowners in South Dakota cities such as Rapid City, Pierre, Sioux Falls, and Aberdeen are looking for the lowest possible rates on home insurance coverage. Several factors go into determining these rates. 

Like property costs, home insurance varies in price from city to city. Pricing is determined by ZIP code–specific variables, such as the volume of claims filed nearby, crime rates, and property costs, and risk variables, such as natural disaster frequency. Even your specific neighborhood may determine if you pay more or less on our annual premiums. 

Rates in South Dakota can be relatively high or low compared to the national average; it all depends on which town you live in. Here are the most and least expensive ZIP codes in South Dakota for home insurance.

Most Expensive Real Estate in South Dakota  Cheapest Real Estate in South Dakota
Spearfish $269,404 Watertown $164,942
Rapid City $219,955 De Smet $126,016
Winner $220,326 Parkston $92,474

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What does home insurance cover in South Dakota?

There are several types of home insurance. Specific terms of insurance policies may vary by state, but in general, the standard policy types are as follows:



  • The simplest and least comprehensive type of homeowners insurance
  • Provides coverage for a handful of potential problems, including
    • natural disasters (storms, fires, wind, lightning, volcanic eruption), 
    • explosions, 
    • theft, 
    • damage from vehicles, 
    • or civil commotion. 

Broad Form

  • Broad form homeowners insurance policies include all basic form coverage, plus protection from:
    • falling objects, 
    • damage from the weight of ice, snow, or sleet, 
    • freezing of household systems including HVAC and pipes, 
    • sudden and accidental damage to pipes and other household systems from artificially generated electrical current, 
    • accidental discharge or overflow of water or steam,
    • sudden and accidental damage. 
  • HO-2 policies typically cover both dwelling protection and personal property.
  • In some cases, broad form coverage may also include liability coverage. However, it still only covers the specific damages listed in the policy.

Special Form

  • The most common form of homeowners insurance is known as a “special form” policy.
  • While HO-1 and HO-2 policies are “named peril” policies (meaning they only cover dangers that are specifically listed in the policy), HO-3 policies are “open peril” policies meaning they’ll cover all dangers except those specifically excluded in the policy documents.

Tenant’s Form

  • HO-4 policies, also known as renters insurance, are for people who lease rather than own their homes. 
  • Tenant’s form policies typically cover all the same dangers as HO-2 policies. 
  • These policies include personal property coverage and liability coverage but don’t cover the physical structure of the house. 
  • Some HO-4 policies may also include loss of use coverage for the tenants.


  • Comprehensive form policies are usually the broadest and provide the highest level of coverage; not surprisingly, they also tend to be the most expensive type of homeowners insurance policies.
  • The biggest difference between HO-3 and HO-5 policies is that most HO-3 policies are “actual cash value” policies, whereas typically HO-5 policies are “replacement cost value” policies.
  • An actual cash value policy will only reimburse you for the actual value of a damaged or destroyed item, while a replacement cost value policy will reimburse you for however much it would cost to completely replace or repair the damaged or destroyed item (up to the coverage limits on the policy). 
  • HO-5 policies also provide personal property coverage against a wider range of dangers than the typical HO-3 policy. Many HO-5 policies also have extra coverage for high-value personal property, such as jewelry and artwork.

Condo Form

  • Not surprisingly, condo form insurance is for condominium owners. HO-6 policies generally protect against the same types of dangers as HO-3 policies. 
  • They provide dwelling protection coverage with a twist: HO-6 policies cover the walls, floors, and ceiling of the condo unit but not the rest of the building. 
  • These policies also include personal property and liability coverage and may include loss of use coverage.

Mobile Home Form

  • If you own a mobile home or manufactured home, you likely have an HO-7 policy. 
  • Mobile home form policies are typically identical to HO-3 policies, except they’re designed specifically for mobile and manufactured homes.
  • Like HO-3 policies, they provide dwelling protection coverage, other structures coverage, personal property coverage, liability coverage, and possibly loss of use coverage as well. 
  • HO-7 policies generally only protect the home when it’s stationary; if you plan to move your mobile or manufactured home, you’ll need to get a special policy to cover it while it’s in transit.

Older Home

  • Older homes have generally been built to less stringent code standards than recently built homes, and so insurers have designed a specialized type of homeowners insurance policy for them. 
  • HO-8 policies often only cover the basic perils listed in HO-1 policies and generally apply to homes that are registered landmarks or otherwise deemed historic homes. 
  • Owners of registered landmarks are typically forbidden from making the updates to HVAC, electrical, and other parts of the home that would enable them to qualify for a standard HO-3 policy, so an HO-8 policy is often the only option for them.

Mobile Home Insurance in South Dakota

Many home insurance providers also offer mobile home insurance. A mobile home policy is similar to other home insurance coverage in many ways. Both policies offer protection for your dwelling, personal belongings, and liability protection should someone suffer an injury or damage to personal property while at your home. 

Mobile home insurance protects your home against property damage suffered from a natural disaster or another covered loss, such as vandalism. If you have a loss, the policy will pay for structural damage to your mobile home as well as additional living expenses should you have to move out while the home is being repaired.

The best way to find affordable mobile home insurance coverage in South Dakota is by comparing insurance quotes with Insurify.

Additional Insurance Coverage Options in South Dakota

One way homeowners can make sure their home is adequately protected is by adding additional coverage through policy riders, a.k.a. insurance endorsements or policy floaters. 

Common types of policy riders available for home insurance policies include the scheduled personal property endorsement, which adds coverage for valuable items, such as jewelry, electronics, and coin collections; the water backup endorsement, covering water damage caused by a clogged drain or sump pump; business property coverage, adding coverage for any equipment in your home used for business purposes; and identity theft coverage, reimbursing you for expenses resulting from your identity being stolen, such as legal fees, lost wages, and postal expenses.

Other types of additional coverage can be added to a home insurance policy. If you need a specific type of coverage, check with your local agent to see what home insurance coverage options are available.

Insurify can help you quickly get a home insurance quote with insurance providers who offer additional coverage options for homeowners coverage in South Dakota.

South Dakota Homeowners Insurance FAQ

How long does it take to process home insurance claims in South Dakota?

The ideal situation for homeowners and insurance companies alike is to pay a home insurance claim as quickly as possible. There are ways to expedite your home insurance claim, including properly documenting your valuables by taking pictures and with a home insurance inventory. Of course, you want your home insurance claim paid as quickly as possible. However, it’s best to keep in mind that if there has been some sort of catastrophic event in your area, claims adjusters are sometimes overwhelmed with claims, and it may take a little longer than expected before they can inspect the damage at your location. Insurance companies in South Dakota are required by law to respond to all claims communications within 30 days. If you feel it is taking a long time to hear back about your home insurance claim, you may want to contact your insurance company to verify it has received the claim.

Is flood insurance part of standard South Dakota home insurance policies?

South Dakota homeowners should know that home insurance policies do not cover damage from floods. Flood insurance is only available through the federal government from the National Flood Insurance Program (NFIP). While only the NFIP administers flood insurance, it does have approved agents who are authorized to sell it. If in doubt about where to purchase flood insurance, you can visit the NFIP website and search for approved agents in your area. 

Does State Farm offer homeowners insurance in South Dakota?

State Farm is one of the largest home insurance providers in the United States, offering coverage in all states, including South Dakota. State Farm offers many ways to save on home insurance, including discounts for installing protective devices, such as smoke detectors, burglar alarms, and home monitoring and home security systems. You can also receive additional discounts for multiple policies (home and auto insurance bundling) and roofing discounts (for using impact-resistant roofing products). A unique offering to policyholders is State Farm’s Premier Service Program (availability varies by location). It is a program of premier providers of water mitigation, flooring, general contracting, and roofing services that work together to help State Farm policyholders recover from losses. 

Special Home Insurance Situations in South Dakota

Unique elements of your home may affect homeowners insurance prices. Check out these quotes for some special situations that may impact your home insurance in South Dakota.

Cheapest Home Insurance for Houses Near a Fire Department in South Dakota

Insurance Company Average Annual Premium
Allstate $2,326
American Family $1,779
State Farm $3,515

Cheapest Home Insurance for Houses Less Than 20 Years Old in South Dakota

Insurance Company Average Annual Premium
Farmers $2,567
North Star $2,379
State Auto $1,580

Conclusion: How to find the cheapest home insurance in South Dakota

During these uncertain economic times, South Dakota homeowners are looking for more ways to tighten their household budgets. High home insurance rates do not have to be another added expense when you take the time to compare rates.

Use Insurify, the best way to compare home insurance premiums for your property in South Dakota. Our comparison tools make homeowners insurance shopping (and saving) simple so you can be on your way to enjoying your newly insured home in no time.

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Browse, compare, and secure home insurance with Insurify today! 

Yep, it’s that easy. 

Updated November 6, 2020

Jackie Cohen received her B.A. in Global Media and Public Relations from the University of Massachusetts, Amherst. Currently based in Boston, MA, she works as a content writer for Insurify. An avid globe-trotter and foodie, Jackie spends her spare time adventuring far and near.