The majority of drivers in South Dakota are eligible for cheap auto insurance. The rates you pay will depend on several factors. You'll want to shop around for quotes from a few different companies before making a decision. WalletHub offers a free tool to compare auto insurance rates. This will help you save money.
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. If you're a good driver, consider switching to a usage-based policy or lowering your deductible to make your rates even cheaper.
Liability Insurance Minimum Coverage Required
South Dakota requires that drivers have liability insurance. Liability insurance pays for damages caused to other people or property when you are at fault. The more comprehensive coverage protects you against theft, vandalism, weather and other incidents. But it is costly.
It is possible to get a discount if you are insured by the same provider for other policies, such as health or life. It will reduce your overall costs. However, it is best to first check with your agent to find out what discounts you may be eligible for.
Teen Drivers-High Rates
Insurance for young drivers is more expensive than that of older drivers. This is particularly true if the driver has a criminal record or a history of speeding. Getting a driver training course or getting an excellent credit score will help you save money on your insurance, and there are a few companies that offer discounts to young drivers.
Married Drivers- Affordable Costs
While the majority of companies do not provide a discount on the basis of marital status, there are some that do. Progressive, for example offers a $41 monthly discount on full coverage to married drivers. This translates into 24% lower cost, which is a big difference.
Senior Drivers – Affordable Costs
South Dakota drivers over 60 are more likely to receive lower insurance rates than those under 60. This is because seniors are less likely to get into accidents and they're generally safer drivers.
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.
Reduced Prices for Drivers who are eligible
If you're a member of the military, you may be eligible for discounts on your car insurance from companies like USAA. Military members, veterans and families can get lower rates from these companies than other drivers.
You'll need to be careful when choosing a policy, since some carriers only provide insurance to those who are enrolled in a specific program or have a certain credit score. A good way to avoid this is to shop around for a policy that covers multiple drivers. If you shop around, you can find a policy that covers multiple drivers at a lower cost.