The cheapest SR-22 insurance company in South Dakota is Farmers Mutual of Nebraska, with premiums costing an average of $185 per year. Since drivers with an SR-22 are considered high-risk, they usually pay above-average rates for coverage, sometimes more than twice as much as a standard policy. The average rate increase in South Dakota is 15%.
Cheapest SR-22 Insurance Companies in South Dakota
Note: Premiums are for a 45-year-old driver in South Dakota; individual premiums will vary.
If these premiums all seem incredibly high, remember that the increase is only temporary. In South Dakota, you are only required to have an SR-22 on file for 3 years, and if you practice safe driving habits in the meantime, you should see your premiums begin to go down.
Tips for Getting Cheap SR-22 Insurance in South Dakota
It is possible that you will not be able to find a company that is willing to insure you. If that happens, you may be able to apply for car insurance through your state, since many states provide programs to match high-risk drivers with partnering insurers. However, this should be used as a last resort because the premiums will likely be very expensive.
To learn more, check out WalletHub’s guide to SR-22 insurance.
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