Best condo insurance companies in South Dakota

In South Dakota, you have a lot of options when it comes to finding the best condo insurance company. To make your task easier, our insurance experts have analyzed premiums, coverage offerings, scores, and ratings from sources like the National Association of Insurance Commissioners (NAIC) and AM Best for major insurance companies in South Dakota. Below are the best condo insurance companies in South Dakota based on Insurance.com’s analysis.

CompanyAnnual premiumAM Best ratingNAICInsurance.com rating
Farmers Mutual Ins Co of NE$276A0.13
5.0
Auto-Owners$375A++0.33
4.2
North Star Mutual$294A+0.72
4.0
State Farm$266A++0.95
3.9
Allstate$298A+0.90
3.7
Farmers$405A0.54
3.6
American Family$463A0.37
3.5
Nationwide$476A+0.87
2.7
Data updated in 2024
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Average cost of condo insurance in South Dakota

The average cost of condo insurance in South Dakota is $389 a year or $32 a month with $1,000 as deductible, $60,000 in personal property coverage, and liability coverage of $300,000. Your average annual premium will vary depending on your location, the coverage limits you select, and the deductible amount among other factors.

To find the most affordable policy for your situation, compare quotes from multiple providers based on the coverage you need.

Average annual premiumAverage monthly premium
$389$32
Data updated in 2024
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Condo insurance calculator

Average condo insurance rates in South Dakota
Please enter valid zip code
$40,000
$40,000 $60,000 $80,000 $100,000
$100,000
$100,000 $300,000
$1,000
$1,000

Most & least expensive ZIP codes for condo insurance in South Dakota

Most expensive

ZIP codeCityHighest rate
57719Box Elder$399
57706Ellsworth AFB$397
57718Blackhawk$396
57702Colonial Pine Hills$395

Least expensive

ZIP codeCityLowest rate
57251Marvin$370
57245Kranzburg$370
57221Bryant$370
57213Astoria$370
Data updated in 2024
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Condo insurance rates in South Dakota by coverage level

Based on a rate study by Insurance.com, Iowa Farm bureau provides the lowest condo insurance rates in South Dakota based on our standard coverage sample of $60,000 for personal property coverage, $300,000 for liability coverage and a $1,000 deductible.

State Farm is the next cheapest option, offering low-cost condo insurance in South Dakota at $266 per year. However, rates vary by coverage level.

The table below shows condo insurance rates from several top companies at various coverage levels.

Company$40,000 contents/$100,000 liability$40,000 contents/$300,000 liability$60,000 contents/$100,000 liability$60,000 contents/$300,000 liability$80,000 contents/$100,000 liability$80,000 contents/$300,000 liability$100,000 contents/$100,000 liability$100,000 contents/$300,000 liability
Iowa Farm bureau$231$245$252$266$258$272$264$278
State Farm$233$238$261$266$279$284$299$304
Farmers Mutual Ins Co of NE$220$224$272$276$330$334$388$392
North Star Mutual$257$267$284$294$329$339$399$410
Allstate$198$253$243$298$289$344$333$388
Auto-Owners$324$333$366$375$409$417$452$460
Farmers$339$349$395$405$450$460$505$515
American Family$398$408$453$463$576$587$647$658
Nationwide$459$462$472$476$489$493$507$510
USAA$633$633$675$675$713$713$748$748
Data updated in 2024
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Condo insurance rates by company in South Dakota

Rates for condo insurance by company in South Dakota vary. It’s important to shop around and compare quotes to find the best price. 

In the table given below, you’ll see condo insurance rates for major companies in South Dakota. The cheapest company for condo insurance in South Dakota is State Farm. Iowa Farm Bureau, and Farmers Mutual of Nebraska, are the second and third cheapest options.

CompanyAverage annual rateAverage monthly rate
State Farm$266$22
Iowa Farm bureau$266$22
Farmers Mutual Ins Co of NE$276$23
North Star Mutual$294$25
Allstate$298$25
Auto-Owners$375$31
Farmers$405$34
American Family$463$39
Nationwide$476$40
USAA$675$56
Data updated in 2024
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Compare condo insurance rates by city in South Dakota

Condo 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 condo insurance for your specific city in South Dakota.

CityAnnual insurance premium
Aberdeen
$343
Brookings
$347
Huron
$343
Mitchell
$349
Pierre
$344
Sioux Falls
$350
Spearfish
$346
Watertown
$349
Yankton
$359
Data updated in 2024
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Insurance.com compared condo insurance rates provided by Quadrant Data Solutions in 2023 for $60,000 of personal property coverage with a $1,000 deductible and $300,000 of liability coverage for all available ZIP codes and with a good credit score. The content was updated in 2024.

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