Most drivers in South Dakota can get cheap car insurance. However, the rates you pay depend on a variety of factors. Before making a final decision, you'll want quotes from several different companies. WalletHub can help you find the lowest rates on auto insurance for your specific situation.
Drivers with Good Driving Records - Low Rates
South Dakota auto insurance premiums are typically lower for drivers with a clean driving record. This is because insurers view safe drivers as less likely to file a claim. Consider switching to a policy based on usage or lowering your insurance deductible if you are a safe driver.
Liability Insurance Minimum Coverage Required
South Dakota mandates that all drivers carry liability insurance. This covers damages to a third party or their property in the event of an accident. If you want to protect your car from theft, vandalism, and weather, then you can purchase more comprehensive insurance. However, it is expensive.
If you already have life or health insurance through the same company, then you can get a discount. This can reduce your total insurance costs. Check with your agent first to determine if you qualify for any discounts.
Teen Drivers-High Rates
If you are a young driver, expect to pay more than an older driver for your car insurance. This is especially true if you have speeding tickets or a bad driving record. A driver training course, or a good credit score can help you save on your insurance. There are some companies that give discounts to young drivers.
Married Drivers can afford to pay lower rates
Some companies offer discounts based on the marital status. For example, Progressive offers a $41 discount per month for full coverage on a married driver's policy. It is 24% cheaper.
Senior Drivers at Affordable Prices
South Dakota also offers lower rates for older drivers, especially those over the age of 60. Seniors are generally safer and less likely to be involved in accidents.
Many insurance companies offer senior citizens discounts when they have multiple types of insurance. This is particularly true for homeowners' and renters' insurance, which often come with discounts if you buy a combined policy.
Specialized Military Companies Offer the Lowest Prices to Eligible Drivers
You may qualify for discounts from insurance companies such as USAA if you are a military member. These companies offer cheaper rates to military members and veterans as well as their families.
Be careful when selecting a plan, as certain carriers only offer coverage to those that are enrolled in specific programs or who have a specified credit score. This can be avoided by looking for policies which cover multiple drivers. Then, you will be able get the best deal on your insurance policy regardless of which driver drives the vehicle.