South Dakota Homeowners Insurance

Compiled by PlainInsure · May 15, 2026

U.S. Treasury FIO data for 180 ZIP codes in South Dakota (SD).

The verdict

According to U.S. Treasury FIO filings, South Dakota ranks #23 of 51 by average premium ($1,854/yr) ≠ #13 of 50 by nonrenewal (1.42%). Cost rank is not withdrawal rank.

$1,854
State avg premium (#23 of 51): #13
Nonrenewal of 50 (1.42%): 57759
In-state premium ZIP #1 ($2,898): 57105
In-state nonrenewal ZIP #1 (1.47%)

Premium rank counts states with a reported average premium, highest first, abbreviation tiebreak. Nonrenewal rank counts states that publish a rate. In-state ZIP #1s are separate extracts.

South Dakota vs all states by ZIP-mean homeowners premium

Where this state's average ZIP premium sits among every state that reports one (lower is better for homeowners)

$1,854 Around the middle lower premium than 43% of 51 states

States, banded by ZIP-mean annual homeowners premium (FIO)

Each bar is a $0.001K-wide band; taller bars hold more states. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count and share, and where it sits relative to this entry.

Source U.S. Treasury FIO Homeowners Insurance Markets Report · 2018–2022

Homeowners in South Dakota pay an average of $1,854 per year for home insurance - 4% above the national average of $1,776. That ranks South Dakota as the 23rd most expensive state out of 51 for homeowners insurance. Between 2018 and 2022, premiums rose by 19.6%; loss ratios above 100% indicate insurers paid more in claims than they collected, a leading indicator of future rate increases; nonrenewal rates climbed by 54.9% over the same period.

On five-year premium growth (2018–2022), South Dakota ranks 3rd out of 51 states. Its nonrenewal rate (1.42%) ranks 13th out of 50 - nonrenewal is an early warning indicator of insurer retreat, often tied to disaster risk.

According to the U.S. Department of the Treasury, Federal Insurance Office - "Analyses of U.S. Homeowners Insurance Markets, 2018–2022." Premium values are five-year averages across all ZIP-level observations. See methodology for how the state rank and comparison are calculated.

How South Dakota Compares

vs National Average

$1,854 vs $1,776

4% above national avg

Rank Among States

23rd of 51

most expensive for homeowners insurance

Loss Ratio vs National

130.1% vs 58.0%

insurers pay out more per premium dollar here

Avg Premium

$1,854/yr

National avg: $1,776 (+4% above)

Premium Change

+19.6%

2018-2022 change

Avg Loss Ratio

130.1%

Claims paid vs premiums earned

Nonrenewal Rate

1.42%

+54.9% change

Data Snapshot: South Dakota Homeowners Insurance

Across the 180 South Dakota ZIP codes in the U.S. Treasury FIO data, the average annual home insurance premium is $1,854. That is an average of ZIP codes, in which a ZIP of a few hundred people counts the same as one of tens of thousands. That is 4% above the national average of $1,776 per year reported by the Federal Insurance Office. South Dakota ranks 23rd most expensive out of 51 states and territories on annual premium, with ZIP-level observations ranging from $1,315 in 57427 to $2,898 in 57759.

Between 2018 and 2022, average premiums rose by 19.6% in South Dakota, placing the state 3rd nationally on five-year premium growth. The state-level loss ratio averaged 130.1%, meaning insurers paid out more in claims than they collected in premiums, a leading indicator of future rate increases. Nonrenewal rates, the share of policies insurers decline to extend at expiration, averaged 1.42% across the ZIP codes that report one (83% of the state's ZIP codes; those without a published rate are smaller and higher-premium on average, so this figure is likely conservative), a climb of 54.9% over the study period (ranking 13th out of 50 states).

Within South Dakota, premium dispersion across ZIP codes is substantial: the most expensive ZIP (57759 in Nemo) charges 120% more than the least expensive (57427 in Bath), reflecting local differences in catastrophe exposure, construction costs, and claims history. The FIO dataset aggregates voluntary reporting from the 40 largest homeowners insurers covering roughly 80% of the U.S. market, so ZIP-level figures represent market averages rather than individual quotes; actual premiums vary with dwelling value, deductible, coverage limits, and insurer-specific underwriting. This page is a FIO registry extract, not a quote or a recommendation.

How to read these figures: state averages on this page are computed from U.S. Treasury Federal Insurance Office data, which the office collects directly from the largest homeowners insurers and reports at the ZIP-code level. A statewide average blends expensive coastal and wildfire-exposed markets with lower-cost inland areas, so the figure is a useful benchmark but will understate what some residents pay and overstate what others pay. The loss ratio is the share of every premium dollar that insurers returned as claims; sustained ratios near or above one signal a market under pressure, where rate increases, tighter underwriting, or nonrenewals tend to follow. Claim frequency and nonrenewal rates show how often policies result in claims and how often insurers decline to renew, both of which track local catastrophe exposure. Treat the state number as a registry average, then open the ZIP table below for the same filing year's local premium and nonrenewal extracts.

Loss Ratio Reading: South Dakota

South Dakota statewide - FIO 2018-2022 average: 130% (Underwriting loss) - paid out more than collected, rate increases virtually guaranteed.

ZIP Codes Tracked

180

Reporting Period

2018-2022

Source

U.S. Treasury FIO

Premium Trends (2018-2022)

Year	Avg Premium	Median Premium	Loss Ratio	Claim Freq	Nonrenewal
2018	$1,550	$1,508	56.7%	7.56%	0.92%
2019	$1,593 (+2.7%)	$1,555	59.4%	8.93%	1.10%
2020	$1,668 (+4.7%)	$1,624	58.6%	8.18%	0.90%
2021	$1,787 (+7.1%)	$1,730	53.3%	7.48%	1.20%
2022	$1,854 (+3.8%)	$1,794	130.1%	18.04%	1.42%

Average homeowners premium per year in South Dakota.

Most Expensive ZIP Codes in South Dakota

Most Affordable ZIP Codes in South Dakota

All ZIP Codes in South Dakota

180 ZIP codes sorted by premium (highest first). Click column headers to sort.

ZIP	City	Premium	Loss Ratio	Claims	Nonrenewal
57759	Nemo	$2,898	17.3%	5.26%	1.97%
57049	North Sioux City	$2,764	24.0%	5.54%	1.34%
57720	Buffalo	$2,615	3.9%	3.51%	N/A
57038	Jefferson	$2,594	50.9%	6.47%	1.88%
57793	Whitewood	$2,584	310.3%	30.28%	1.28%
57769	Piedmont	$2,581	34.5%	5.79%	2.07%
57744	Hermosa	$2,572	46.9%	8.86%	0.72%
57751	Keystone	$2,492	61.7%	7.80%	1.83%
57702	Rapid City	$2,492	59.0%	7.98%	1.30%
57075	Wentworth	$2,488	259.9%	44.20%	1.40%
57015	Chancellor	$2,405	286.9%	26.75%	N/A
57754	Lead	$2,401	14.8%	3.25%	1.44%
57239	Grenville	$2,394	17.3%	6.07%	N/A
57783	Spearfish	$2,388	31.8%	6.23%	1.57%
57108	Sioux Falls	$2,365	78.7%	13.51%	1.74%
57761	New Underwood	$2,333	158.7%	20.00%	3.89%
57785	Sturgis	$2,327	54.9%	8.22%	1.87%
57745	Hill City	$2,305	112.4%	11.26%	0.81%
57451	Ipswich	$2,283	51.4%	7.90%	0.83%
57730	Custer	$2,283	91.3%	7.99%	0.95%
57732	Deadwood	$2,279	19.6%	4.04%	0.90%
57718	Black Hawk	$2,223	56.5%	8.64%	1.97%
57551	Martin	$2,212	10.6%	3.16%	1.58%
57055	Renner	$2,191	138.3%	22.95%	1.03%
57532	Fort Pierre	$2,168	119.2%	5.53%	1.28%
57016	Chester	$2,148	195.3%	35.44%	0.97%
57053	Parker	$2,130	634.5%	70.52%	0.91%
57010	Burbank	$2,121	47.8%	13.33%	N/A
57717	Belle Fourche	$2,111	1457.7%	138.52%	1.21%
57719	Box Elder	$2,110	81.2%	8.82%	1.63%
57247	Lake City	$2,090	35.4%	10.23%	0.93%
57319	Bridgewater	$2,062	190.3%	35.61%	0.76%
57068	Valley Springs	$2,051	209.9%	33.50%	2.79%
57030	Garretson	$2,049	123.8%	24.31%	1.63%
57033	Hartford	$2,039	164.5%	31.20%	0.84%
57032	Harrisburg	$2,031	270.1%	40.48%	1.49%
57005	Brandon	$2,022	117.9%	17.64%	1.61%
57012	Canistota	$2,018	233.3%	29.18%	0.43%
57034	Hudson	$2,008	48.0%	6.38%	1.06%
57025	Elk Point	$2,001	68.9%	5.73%	1.96%
57445	Groton	$1,989	15.9%	4.74%	1.84%
57048	Montrose	$1,980	274.2%	40.32%	1.08%
57035	Humboldt	$1,977	206.2%	34.78%	3.95%
57747	Hot Springs	$1,968	384.0%	41.33%	1.36%
57268	Toronto	$1,964	327.9%	50.00%	3.57%
57620	Bison	$1,961	3.2%	1.61%	3.23%
57564	Onida	$1,957	94.3%	1.59%	3.17%
57501	Pierre	$1,956	15.0%	3.73%	1.27%
57567	Philip	$1,955	979.7%	188.74%	0.90%
57003	Baltic	$1,952	75.1%	16.26%	1.02%
57276	White	$1,950	151.1%	22.87%	0.78%
57064	Tea	$1,945	198.4%	26.26%	1.74%
57301	Mitchell	$1,934	20.4%	5.21%	1.07%
57701	Rapid City	$1,926	56.3%	8.03%	1.62%
57370	Pukwana	$1,921	12.8%	6.35%	N/A
57760	Newell	$1,921	75.4%	9.84%	2.46%
57642	Mc Laughlin	$1,920	9.6%	3.08%	N/A
57703	Rapid City	$1,912	62.5%	8.43%	1.51%
57020	Crooks	$1,912	109.4%	26.44%	4.14%
57243	Henry	$1,909	66.1%	10.29%	N/A
57013	Canton	$1,906	108.1%	14.88%	1.12%
57018	Colton	$1,899	211.6%	29.66%	0.85%
57069	Vermillion	$1,898	44.5%	8.45%	1.54%
57249	Lake Preston	$1,897	23.3%	7.04%	2.01%
57022	Dell Rapids	$1,897	85.5%	13.77%	0.96%
57252	Milbank	$1,896	58.8%	9.99%	0.93%
57369	Platte	$1,892	29.9%	7.63%	1.48%
57638	Lemmon	$1,890	17.2%	1.87%	3.27%
57362	Miller	$1,881	15.8%	6.80%	1.94%
57017	Colman	$1,875	142.7%	28.22%	1.24%
57110	Sioux Falls	$1,870	66.6%	11.86%	1.15%
57353	Iroquois	$1,866	5.8%	3.45%	N/A
57248	Lake Norden	$1,866	60.2%	10.20%	1.22%
57078	Yankton	$1,854	19.8%	5.32%	0.88%
57237	Gary	$1,854	90.1%	21.21%	0.87%
57105	Sioux Falls	$1,846	59.1%	12.84%	1.47%
57543	Kadoka	$1,844	835.5%	93.33%	N/A
57063	Tabor	$1,843	100.5%	17.65%	1.47%
57216	Big Stone City	$1,842	119.3%	24.23%	N/A
57438	Faulkton	$1,837	7.3%	2.89%	2.31%
57401	Aberdeen	$1,834	27.7%	5.97%	1.02%
57735	Edgemont	$1,811	68.2%	6.71%	1.68%
57037	Irene	$1,809	42.7%	8.13%	0.81%
57790	Wall	$1,809	27.3%	9.25%	1.16%
57355	Kimball	$1,808	4.3%	2.00%	0.67%
57004	Beresford	$1,808	70.5%	12.65%	0.33%
57006	Brookings	$1,805	161.2%	29.65%	1.07%
57223	Castlewood	$1,803	698.7%	36.78%	0.77%
57365	Oacoma	$1,800	17.1%	4.84%	0.81%
57234	Estelline	$1,797	228.2%	33.08%	1.25%
57325	Chamberlain	$1,790	68.2%	8.70%	0.71%
57043	Marion	$1,789	143.7%	18.52%	1.23%
57313	Armour	$1,788	9.9%	5.10%	3.57%
57580	Winner	$1,786	23.7%	6.55%	1.31%
57555	Mission	$1,786	68.8%	1.90%	0.95%
57070	Viborg	$1,782	346.2%	35.24%	1.32%
57442	Gettysburg	$1,781	81.0%	9.55%	0.27%
57225	Clark	$1,781	10.3%	3.56%	0.30%
57220	Bruce	$1,779	97.9%	28.89%	0.74%
57656	Timber Lake	$1,778	1058.5%	87.34%	2.53%
57106	Sioux Falls	$1,776	370.5%	51.03%	1.15%
57039	Lennox	$1,773	145.2%	20.07%	1.09%
57533	Gregory	$1,770	45.5%	13.10%	0.30%
57103	Sioux Falls	$1,762	67.5%	14.37%	1.28%
57342	Geddes	$1,762	35.8%	3.08%	1.54%
57260	Rosholt	$1,759	36.1%	8.64%	1.85%
57384	Wolsey	$1,756	13.7%	6.25%	0.69%
57024	Egan	$1,756	125.9%	19.05%	N/A
57042	Madison	$1,754	347.0%	46.48%	0.63%
57311	Alexandria	$1,753	29.8%	8.29%	0.55%
57446	Hecla	$1,752	N/A	N/A	N/A
57036	Hurley	$1,752	53.6%	6.96%	1.27%
57058	Salem	$1,751	580.1%	71.95%	1.42%
57046	Mission Hill	$1,750	11.4%	6.74%	N/A
57062	Springfield	$1,746	48.0%	11.82%	1.36%
57367	Pickstown	$1,745	7.3%	2.75%	0.92%
57107	Sioux Falls	$1,743	123.6%	18.83%	1.64%
57235	Florence	$1,733	107.6%	9.17%	N/A
57029	Freeman	$1,731	73.8%	11.66%	0.87%
57380	Wagner	$1,723	134.7%	19.91%	3.10%
57469	Redfield	$1,722	15.1%	4.54%	1.51%
57315	Avon	$1,715	165.2%	28.91%	N/A
57479	Warner	$1,706	365.2%	48.23%	3.55%
57350	Huron	$1,705	86.9%	21.26%	0.83%
57071	Volga	$1,701	158.6%	26.50%	0.60%
57601	Mobridge	$1,694	72.4%	5.33%	1.16%
57212	Arlington	$1,692	259.9%	30.82%	0.22%
57385	Woonsocket	$1,690	89.7%	18.58%	1.64%
57001	Alcester	$1,683	42.7%	10.04%	0.44%
57544	Kennebec	$1,672	N/A	N/A	1.39%
57430	Britton	$1,671	74.1%	2.63%	1.58%
57363	Mount Vernon	$1,671	103.1%	6.30%	N/A
57328	Corsica	$1,667	1.4%	2.96%	0.59%
57375	Stickney	$1,667	N/A	N/A	1.75%
57066	Tyndall	$1,656	85.9%	15.18%	1.79%
57026	Elkton	$1,647	109.0%	18.72%	1.07%
57625	Eagle Butte	$1,646	27.6%	4.23%	1.41%
57273	Waubay	$1,646	46.6%	8.36%	1.55%
57201	Watertown	$1,639	45.6%	7.78%	1.13%
57631	Glenham	$1,636	11.2%	3.77%	N/A
57262	Sisseton	$1,635	17.9%	5.14%	0.70%
57274	Webster	$1,629	12.0%	5.55%	0.67%
57383	White Lake	$1,628	9.4%	4.60%	1.15%
57065	Trent	$1,620	379.8%	34.29%	N/A
57002	Aurora	$1,618	248.7%	30.64%	0.29%
57522	Blunt	$1,617	0.6%	1.19%	2.38%
57072	Volin	$1,612	80.6%	12.05%	N/A
57077	Worthing	$1,601	149.6%	15.44%	0.74%
57523	Burke	$1,600	27.0%	9.66%	0.69%
57332	Emery	$1,596	696.0%	51.92%	2.88%
57059	Scotland	$1,589	80.6%	15.98%	N/A
57045	Menno	$1,589	30.6%	9.09%	0.70%
57441	Frederick	$1,580	264.6%	46.34%	1.22%
57456	Leola	$1,572	43.2%	7.41%	1.85%
57014	Centerville	$1,571	63.6%	11.93%	1.23%
57279	Wilmot	$1,563	24.3%	4.96%	1.65%
57334	Ethan	$1,562	8.3%	1.72%	N/A
57368	Plankinton	$1,558	91.3%	16.96%	4.68%
57632	Herreid	$1,558	67.5%	13.82%	2.44%
57366	Parkston	$1,554	608.4%	56.16%	0.95%
57382	Wessington Springs	$1,547	27.9%	6.69%	1.18%
57472	Selby	$1,545	18.2%	4.82%	N/A
57028	Flandreau	$1,540	111.2%	20.28%	0.80%
57356	Lake Andes	$1,540	49.0%	9.35%	0.41%
57261	Roslyn	$1,538	0.3%	1.69%	N/A
57376	Tripp	$1,535	175.0%	27.27%	2.27%
57104	Sioux Falls	$1,534	87.4%	16.29%	1.26%
57263	South Shore	$1,533	29.4%	8.96%	N/A
57648	Pollock	$1,523	33.4%	5.77%	N/A
57054	Ramona	$1,493	410.9%	58.46%	N/A
57345	Highmore	$1,492	55.9%	6.63%	0.55%
57349	Howard	$1,483	108.1%	22.76%	N/A
57317	Bonesteel	$1,479	65.0%	8.54%	2.44%
57231	De Smet	$1,448	28.9%	6.90%	N/A
57270	Veblen	$1,429	15.1%	8.20%	1.64%
57437	Eureka	$1,413	7.7%	2.60%	1.30%
57031	Gayville	$1,394	16.5%	5.26%	N/A
57226	Clear Lake	$1,350	110.1%	19.44%	0.23%
57241	Hayti	$1,315	76.4%	4.40%	N/A
57427	Bath	$1,315	103.9%	1.79%	N/A

South Dakota Insurance Guides

Why Is Homeowners Insurance So Expensive?

Key factors driving premium increases nationwide

The Insurance Nonrenewal Crisis

Why insurers are dropping policyholders and what it means

Understanding Loss Ratios

What loss ratios reveal about your state's insurance market

Insurance Costs by State

How South Dakota compares to other states

Explore More Insurance Data

Premium Rankings

Most & least expensive ZIPs and states nationwide

Dental Insurance in South Dakota

DHMO vs DPPO premiums (NADP 2024)

Compare All States

Average premiums and nonrenewals across the U.S.

Natural-hazard context (FEMA NRI)

County National Risk Index scores joined to South Dakota ZIP codes in the same FIO filing year. This is hazard and vulnerability context from FEMA, not a premium driver table and not a quote.

Mean county risk score

39.8

50th of 50 states by mean score · national mean 69.3

Counties joined

Distinct county FIPS on South Dakota FIO ZIPs

Most common top hazard

Cold Wave

38 of 60 counties

Highest FEMA NRI counties in South Dakota
County	Risk score	Rating	Top hazard
Minnehaha	89.5	Relatively Moderate	Tornado
Dewey	78.7	Relatively Low	Cold Wave
Pennington	78.6	Relatively Low	Wildfire

Counties with elevated FEMA hazard ratings in South Dakota
Hazard	Elevated counties	Share of joined
Winter weather	13	22%
Tornado	2	3%
Hail	1	2%

Elevated = FEMA Relatively High or Very High rating on that hazard column. Ratings are independent per hazard; a county can appear in more than one row.

Source: FEMA National Risk Index · research board: top counties by NRI score.

Nationwide states with similar insurance profiles

Two FIO peer sets for South Dakota: nearest other states by average homeowners premium and by statewide nonrenewal rate. These are cross-state neighborhoods, not the in-state ZIP table above.

Similar average premium

Nearest states by average homeowners premium ($1,854/yr here).

New Jersey $1,858/yr California $1,864/yr New York $1,896/yr Wyoming $1,902/yr

Similar nonrenewal rate

Nearest states by average nonrenewal rate (1.42% here).

North Dakota 1.38% Georgia 1.47% Mississippi 1.48% Idaho 1.50%

Frequently Asked Questions

What is the average homeowners insurance cost in South Dakota? ▼

Averaged across the 180 South Dakota ZIP codes in the U.S. Treasury FIO data, the annual homeowners premium is $1,854. This is 4% above the national average of $1,776.

How have insurance premiums changed in South Dakota? ▼

South Dakota homeowners insurance premiums changed by +19.6% between 2018 and 2022. The average loss ratio is 130.1%, meaning insurers pay out that percentage of earned premiums in claims.

Which ZIP code has the most expensive insurance in South Dakota? ▼

The most expensive ZIP code for homeowners insurance in South Dakota is 57759, with an average premium of $2,898/yr. The most affordable is 57427 at $1,315/yr.

What is the nonrenewal rate for South Dakota homeowners insurance? ▼

Averaged across the South Dakota ZIP codes that report one (83% of the state's ZIP codes), the nonrenewal rate is 1.42%. This rate has changed by +54.9% from 2018 to 2022. Nonrenewals occur when an insurer declines to renew an existing policy at expiration. ZIP 57105 has the highest nonrenewal rate in the state at 1.47%.

What is a loss ratio and what does South Dakota's mean? ▼

A loss ratio measures how much an insurer pays out in claims compared to premiums collected. South Dakota's average loss ratio is 130.1%. Ratios above 100% indicate insurers are paying more in claims than they collect, which often leads to premium increases.

How often do homeowners file insurance claims in South Dakota? ▼

The average claim frequency in South Dakota is 18.04%, meaning that percentage of policies result in a claim each year. The average claim severity (cost per claim) is $12,791. Higher claim frequency and severity typically correlate with higher premiums.

What natural hazards drive risk in South Dakota? ▼

Across 60 FEMA National Risk Index counties that join to South Dakota ZIP codes in the FIO file, the mean county risk score is 39.8 (43% below the 50-state mean of 69.3). The most common county-level top hazard is Cold Wave (38 of 60 counties). Elevated (Relatively High or Very High) county ratings concentrate in Winter weather (13), Tornado (2), Hail (1). NRI scores are county hazard/vulnerability context from FEMA; they are not premiums and are not a quote.

South Dakota in the FIO registry

State averages sit next to ZIP-level premium and nonrenewal extracts from the same filing year.

South Dakota ZIP premiums and nonrenewal rates in the same table. ZIP table
National premium board versus the population-floored nonrenewal board. Rankings
How competition ranks and dual boards are derived. Methodology

State figures are five-year ZIP-level averages from U.S. Treasury FIO data, a benchmark, not a quote for any individual home.

Source: U.S. Department of the Treasury, Federal Insurance Office (FIO) Homeowners Insurance Data (2018-2022). Premiums are ZIP-level averages and may not reflect individual policy costs

Browse all ZIPs → | Rankings → | All states →

Compiled by PlainInsure, Insurance Transparency Editorial Process · May 15, 2026

Source data: U.S. Treasury FIO · FEMA National Risk Index · NOAA Storm Events. See our methodology.

Every figure on PlainInsure is rendered directly from U.S. Treasury Federal Insurance Office data, no number is typed in by an editor. This state's figures are rendered directly from U.S. Treasury FIO data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.

South Dakota Homeowners Insurance

How South Dakota Compares

Data Snapshot: South Dakota Homeowners Insurance

Loss Ratio Reading: South Dakota

Premium Trends (2018-2022)

Average premium in South Dakota, 2018–2022

Most Expensive ZIP Codes in South Dakota

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Natural-hazard context (FEMA NRI)

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