WalletHub, Financial Company
@WalletHub
No, personal injury protection insurance is not required in South Dakota – it’s optional. South Dakota drivers who opt for PIP can get a minimum of $2,000 in medical coverage, with a death benefit of $10,000 and $60 per week in disability coverage.
If you want PIP coverage in South Dakota, you can choose to add it to your policy by contacting your insurance company or adjusting your account online. Below, we provide a quick overview of South Dakota’s PIP policies along with stats illustrating why the coverage is worthwhile.
Is PIP Required? | No, PIP is not required, but you can add it to your policy |
Minimum PIP Coverage (if purchased) | $2,000 of medical coverage $10,000 death benefit $60 per week of disability coverage |
State Accident Laws | At-fault state |
Injuries from Car Accidents (annual average) | 5,469 |
Fatalities from Car Accidents (annual average) | 129 |
State Insurance Cost Rank (1 = cheapest) | 2 |
While PIP isn’t legally required in South Dakota, it’s still wise to have, if you can afford it. From 2008 through 2017 (the most recent data available), an average of 5,469 South Dakotans were injured in a car crash each year. In addition, car accidents can be extremely expensive, with fatal accidents in South Dakota alone costing an average of $177 million per year in recent years. Therefore, taking the step to acquire PIP insurance can be a smart decision and a wise investment.
People also ask
Did we answer your question?