How to get affordable renters insurance in South Dakota
Renters insurance is a critical — and affordable — form of insurance. It keeps your things safe in the event your rental property suffers damage from a common incident. A renters policy covers items in the event of fire, smoke damage, wind damage, vandalism, theft and a collection of other circumstances.
Unlike auto insurance, renters insurance isn't priced based on state-level legislation. Still, there are sometimes substantial variations in the cost of renters insurance policies by state. Insurance policy rates in states may vary based on the frequency and value of renters policy claims filed statewide, and also on the value of the belongings you're insuring.
Getting renters insurance in South Dakota is less expensive than the US average. The typical annual renters insurance rate in South Dakota is $116, $68 less expensive than in other states.
The easiest way to get a cheap renters insurance policy in South Dakota is to view prices from as many companies as possible. Find out typical renters insurance rates in South Dakota via the below data. Remember: your rates will vary, depending on the value of your belongings and your coverage limits.
Jump to:
- Rates by company
- Rates by city
- Rates by coverage level
- Bundling discounts
- Frequently asked questions
Renters insurance prices in South Dakota by company
Renters insurance rates in South Dakota will vary depending on the insurance company you choose. AAA offers the most affordable renters insurance in South Dakota — just $60 yearly. This compares favorably to the state average cost of $116, providing a 48% discount on the state's average rate.
Begin your search for affordable coverage by reviewing the cheapest South Dakota renters insurance carriers, detailed below.
AFFORDABLE RENTERS INSURANCE COMPANIES IN SOUTH DAKOTA
| Company | Average Annual Rate in South Dakota |
| AAA | $60 |
| State Farm | $89 |
| Safeco | $91 |
| Milbank | $125 |
| Farm Bureau | $127 |
South Dakota renters insurance costs by city
Not all South Dakota cities have equal renters insurance rates. Policy rates rely on on city-specific variables, such as the number of local claims filed, meaning your ZIP code could have a major impact on how much you pay.
The cheapest renters insurance rates in South Dakota are in Dell Rapids. An average renters insurance policy in Dell Rapids costs $115 per year — $2 less than the average South Dakota rate. The below cities have the most affordable renters insurance in South Dakota.
CHEAPEST CITIES FOR RENTERS INSURANCE IN SOUTH DAKOTA
| City | Average 12-Month Renters Insurance Rate |
| Dell Rapids | $115 |
| Aberdeen | $115 |
| Pierre | $115 |
| Brookings | $115 |
| Milbank | $115 |
Renters insurance in SD by coverage tier
The cost of your renters insurance policy will be influenced by the amount of coverage you opt to carry. Common renters insurance tiers are $25,000 and $50,000 property coverage. In South Dakota, the annual cost difference between these tiers is about $35. If you can afford the up-front expense, it's worth considering.
| Coverage Level | Average Yearly Renters Insurance Rate in South Dakota |
| $25K Property | $99 |
| $50K Property | $134 |
Tip: bundle auto and renters insurance in South Dakota
If you want to save, consider purchasing both your renters and auto insurance policies from one company. A renters and auto insurance bundle in South Dakota can lead to substantial savings on auto insurance. In fact, bundling policies in South Dakota results in yearly savings of $98.
CAR AND RENTERS BUNDLING DISCOUNTS IN SOUTH DAKOTA
| Avg. Annual Rate (No Bundle) | Avg. Annual Rate (w/ Bundle) | Annual Savings ($) | Annual Savings (%) |
| $1,342 | $1,243 | $98 | 8% |
South Dakota renters insurance FAQs
Is renters insurance required in South Dakota?
Renters insurance is not mandatory in the state of South Dakota, but your landlord may require that you carry it as a part of your rental agreement.
What does South Dakota renters insurance cover?
South Dakota renters insurance covers your listed possessions in the event of a covered peril (cause of loss). It can also provide liability coverage should you accidentally cause damage to another person's property or cause bodily injury.