Homeowners insurance in South Dakota: premium by ZIP code
South Dakota's median ZIP code premium rose +20.7% after inflation from 2018 to 2022, ranked 3 of 51, to $1,794.
Independent site, not an insurer or a broker. Treasury figures cover 2018 to 2022 only.
Premium per policy in 2022, South Dakota (median ZIP code)
$1,794
Average paid per HO-3 or HO-5 policy, inflation-adjusted as published by the Treasury. At September 2026 prices: about $2,390.
| Change from 2018 to 2022, after inflation | +19.0% |
| Premium per policy in 2018 | $1,508 |
| Premium per policy in 2022 | $1,794 |
| 2022 premium carried to September 2026 (BLS index) | $2,390 |
| Policies not renewed by the insurer, 2022 | 1.10% |
| Claims paid per 100 policies, yearly average | 8.1 |
| Average claim paid, 2018 to 2022 (adjusted) | $11,595 |
| Cancelled for nonpayment, 2022 | 0.88% |
Treasury data stop in 2022. The September 2026 figure applies the national BLS price index to the 2022 value, read as 2022 dollars: an estimate, not a quote.
Compiled by Radif Partners · Where the numbers come from · 180 ZIP codes in 61 counties of South Dakota in the Treasury file · not a quote
South Dakota had one of the fastest premium rises in the Treasury file: the median ZIP code went from $1,508 per homeowners policy in 2018 to $1,794 in 2022, +20.7% after inflation, ranked 3 of 51. Minnehaha County, Sioux Falls, rose +23.5% to $1,905. Then came 2022: a derecho in May and other severe storms pushed paid claims to 9.3 per 100 policies, from 4.2 the year before, and the paid loss ratio to 67%, from 20%. Claims are small here, $11,595 on average, ranked 50 of 51: roofs and siding rather than whole houses. Nonrenewals rose to 1.10% in 2022. Only 180 ZIP codes reach the file's threshold. South Dakota has no FAIR plan for homes. Premiums after 2022, outside the file, reflected the storm year. The data stop in 2022.
Sioux Falls and the east
Minnehaha County had 16 ZIP codes in the file and a median of $1,905 in 2022; Lincoln County, the southern suburbs of Sioux Falls, paid $1,925 after a rise of +19.8%. Brookings County paid $1,740 and Brown County, Aberdeen, $1,729, with its ZIP 57427 among the cheapest in the state at $1,315. Every large county rose by close to a fifth after inflation. Growth in Sioux Falls and rising construction costs likely lifted dwelling limits, and storm claims pushed rates up as well. A house insured at a limit set five years ago may now be below what it costs to rebuild.
The derecho of May 2022
On May 12, 2022, a derecho crossed eastern South Dakota with winds near 100 miles an hour, damaging roofs, siding and trees across towns such as Castlewood and Madison and the Sioux Falls area. Paid claims for the year reached 9.3 per 100 policies and the paid loss ratio 67%, after 22%, 34%, 21%, 20% in the four years before. A ratio that high is followed by rate filings, deductible increases and stricter roof rules.
A South Dakota wind claim on a 14-year roof
Example, not your result yet· change a figure to see yours
Actual cash value settlement
$4,600
| Value left in the roof | 44% |
| Depreciated roof value before deductible | $6,600 |
| Replacement cost before deductible | $15,000 |
The Black Hills
The dearest ZIP codes were 57759 in Lawrence County, in the northern Black Hills near Deadwood, at $2,898, and 57049 in Union County, in the southeast, at $2,764. The Black Hills add wildfire to the Plains storm risk. The state's range is narrow, from under $1,545 for the cheapest tenth of ZIP codes to over $2,285 for the dearest.
Renewals and the regulator
The median nonrenewal rate went 0.47%, 0.72%, 0.61%, 0.96%, 1.10% from 2018 to 2022. South Dakota has no residual market plan for homes listed in the Treasury report. The South Dakota Division of Insurance handles complaints. Many policies here pay an older roof at actual cash value; the roof claim page shows how much that reduces a payment.
South Dakota, year by year
| Year | South Dakota median ZIP | National median ZIP | Nonrenewal rate | Claims per 100 policies | Paid loss ratio |
|---|---|---|---|---|---|
| 2018 | $1,508 | $1,445 | 0.47% | 4.4 | 22% |
| 2019 | $1,555 | $1,469 | 0.72% | 6.2 | 34% |
| 2020 | $1,624 | $1,491 | 0.61% | 3.5 | 21% |
| 2021 | $1,730 | $1,521 | 0.96% | 4.2 | 20% |
| 2022 | $1,794 | $1,551 | 1.10% | 9.3 | 67% |
The South Dakota counties with the most ZIP codes in the file
| County | ZIP codes | Median 2018 | Median 2022 | Change | Nonrenewal 2022 | Average claim |
|---|---|---|---|---|---|---|
| Minnehaha County | 16 | $1,522 | $1,905 | +23.5% | 1.27% | $10,985 |
| Lincoln County | 8 | $1,605 | $1,925 | +19.8% | 1.10% | $12,279 |
| Brookings County | 6 | $1,411 | $1,740 | +20.1% | 0.76% | $13,295 |
| Brown County | 6 | $1,509 | $1,729 | +18.1% | 1.12% | $12,530 |
| Pennington County | 6 | $1,854 | $2,116 | +19.0% | 1.41% | $15,848 |
| Turner County | 6 | $1,498 | $1,786 | +27.4% | 1.23% | $11,761 |
| Bon Homme County | 5 | $1,467 | $1,715 | +15.6% | 1.36% | $8,150 |
| Charles Mix County | 5 | $1,589 | $1,745 | +13.1% | 1.48% | $7,975 |
Highest and lowest premiums per policy, South Dakota ZIP codes, 2022
| ZIP code | County | Premium per policy | Change since 2018 | Nonrenewal 2022 |
|---|---|---|---|---|
| 57759 | Lawrence County | $2,898 | +19.5% | 1.97% |
| 57049 | Union County | $2,764 | +15.1% | 1.34% |
| 57720 | Harding County | $2,615 | +47.1% | 0.00% |
| 57038 | Union County | $2,594 | +8.0% | 1.88% |
| 57793 | Lawrence County | $2,584 | +31.9% | 1.28% |
| 57427 | Brown County | $1,315 | -24.9% | 0.00% |
| 57241 | Hamlin County | $1,315 | +11.6% | 0.00% |
| 57226 | Deuel County | $1,350 | +30.2% | 0.23% |
| 57031 | Yankton County | $1,394 | +5.0% | 0.00% |
| 57437 | McPherson County | $1,413 | +22.3% | 1.30% |