Landlord Insurance in South Dakota: Cost & Coverage

South Dakota has about 114,923 renter-occupied homes, 31% of all occupied housing. The median owner-occupied home is valued at $257,400 and median gross rent is $946 a month (ACS 2020–2024). This page covers what landlord insurance costs in South Dakota, what moves a quote, and local pages for the largest rental markets.

What landlord insurance costs in South Dakota

The NAIC's average dwelling-fire premium in South Dakota was $524 in 2023, which ranks 10 of the ten states we serve (highest first). The South Dakota HO-3 homeowners average was $1,614. Dwelling-fire figures mix basic and broad forms and are collected for owner-occupied one-family homes, so use them as background rather than a quote.

Amount of dwelling insurance	South Dakota average dwelling-fire premium (2023)
Under $150,000	$364
$150,000–$199,999	$507
$200,000–$224,999	$597
$225,000–$249,999	$688
$250,000–$274,999	$750
$275,000–$299,999	$746
$300,000–$324,999	$859
$325,000–$349,999	$858
$350,000–$399,999	$883
$400,000–$449,999	$1,127
$450,000–$499,999	$901
$500,000–$599,999	$719
$600,000–$699,999	$728
$700,000–$999,999	$529
$1,000,000 and over	$221
All amounts (state average)	$524

Source: NAIC, Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owner’s Insurance Report: Data for 2023, Table 4 (published 2026). View the report (PDF). Consumer resources: South Dakota Division of Insurance.

What moves your landlord quote in South Dakota

Weather exposure: hail and severe summer wind; blizzards and extreme cold that freeze pipes; snow load on roofs; grassland and Black Hills wildfire.
Rebuild cost: NAIC averages above climb consistently with the amount of insurance.
Building age and systems: the median South Dakota home was built in 1980; roof, wiring, plumbing, and heating updates matter.
Building type: 5% of South Dakota homes are in 2–4 unit buildings and 71% are single-family.
Occupancy: long-term, short-term, student, or vacant.
Policy choices: DP-1 vs. DP-3, liability limit, loss of rents, deductible, and any wind or hail deductible.
Claims history on the property and for the owner.

Largest South Dakota rental markets

Coverage guides for South Dakota landlords

Other South Dakota communities we serve

We accept quote requests for rentals anywhere in South Dakota, including these communities, grouped by county.

Aurora County: Plankinton, Stickney, White Lake

Beadle County: Broadland, Cavour, Hitchcock, Virgil, Wessington, Wolsey, Yale

Bennett County: Martin

Bon Homme County: Avon, Scotland, Springfield, Tabor, Tyndall

Brookings County: Aurora, Bruce, Bushnell, Elkton, Sinai, Volga, White

Brown County: Claremont, Columbia, Frederick, Groton, Hecla, Stratford, Verdon, Warner, Westport

Brule County: Chamberlain, Kimball, Pukwana

Butte County: Belle Fourche, Fruitdale, Newell, Nisland

Campbell County: Artas, Herreid, Mound City, Pollock

Charles Mix County: Dante, Geddes, Lake Andes, Pickstown, Platte, Ravinia, Wagner

Clark County: Bradley, Clark, Garden City, Naples, Raymond, Vienna, Willow Lake

Clay County: Wakonda

Codington County: Florence, Henry, Kranzburg, South Shore, Wallace

Corson County: McIntosh, McLaughlin, Morristown

Custer County: Buffalo Gap, Custer, Fairburn, Hermosa, Pringle

Davison County: Ethan, Mount Vernon

Day County: Andover, Bristol, Butler, Grenville, Pierpont, Roslyn, Waubay, Webster

Deuel County: Altamont, Astoria, Brandt, Clear Lake, Gary, Goodwin, Toronto

Dewey County: Eagle Butte, Isabel, Timber Lake

Douglas County: Armour, Corsica, Delmont

Edmunds County: Bowdle, Hosmer, Ipswich, Roscoe

Fall River County: Edgemont, Hot Springs, Oelrichs

Faulk County: Chelsea, Cresbard, Faulkton, Onaka, Orient, Rockham, Seneca

Grant County: Albee, Big Stone City, La Bolt, Marvin, Milbank, Revillo, Stockholm, Strandburg, Twin Brooks

Gregory County: Bonesteel, Burke, Dallas, Fairfax, Gregory, Herrick

Haakon County: Midland, Philip

Hamlin County: Bryant, Castlewood, Estelline, Hayti, Hazel, Lake Norden

Hand County: Miller, Ree Heights, St. Lawrence

Hanson County: Alexandria, Emery, Farmer, Fulton

Harding County: Buffalo, Camp Crook

Hughes County: Blunt, Harrold

Hutchinson County: Dimock, Freeman, Menno, Olivet, Parkston, Tripp

Hyde County: Highmore

Jackson County: Belvidere, Cottonwood, Interior, Kadoka

Jerauld County: Alpena, Lane, Wessington Springs

Jones County: Draper, Murdo

Kingsbury County: Arlington, Badger, Bancroft, De Smet, Erwin, Hetland, Iroquois, Lake Preston, Oldham

Lake County: Brant Lake, Madison, Nunda, Ramona, Wentworth

Lawrence County: Central City, Deadwood, Lead, Whitewood

Lincoln County: Canton, Fairview, Hudson, Lennox, Worthing

Lyman County: Kennebec, Oacoma, Presho, Reliance

Marshall County: Britton, Eden, Lake City, Langford, Veblen

Mccook County: Bridgewater, Canistota, Montrose, Salem, Spencer

Mcpherson County: Eureka, Hillsview, Leola, Long Lake, Wetonka

Meade County: Faith, Piedmont, Sturgis, Summerset

Mellette County: White River, Wood

Miner County: Canova, Carthage, Howard, Vilas

Minnehaha County: Baltic, Colton, Crooks, Dell Rapids, Garretson, Hartford, Humboldt, Sherman, Valley Springs

Moody County: Colman, Egan, Flandreau, Trent, Ward

Oglala Lakota County: Batesland

Pennington County: Hill City, Keystone, New Underwood, Quinn, Wall, Wasta

Perkins County: Bison, Lemmon

Potter County: Gettysburg, Hoven, Lebanon, Tolstoy

Roberts County: Claire City, Corona, New Effington, Ortley, Peever, Rosholt, Sisseton, Summit, White Rock, Wilmot

Sanborn County: Artesian, Letcher, Woonsocket

Spink County: Ashton, Brentford, Conde, Doland, Frankfort, Mellette, Northville, Redfield, Tulare, Turton

Stanley County: Fort Pierre

Sully County: Agar, Onida

Todd County: Mission, St. Francis

Tripp County: Colome, New Witten, Winner

Turner County: Centerville, Chancellor, Davis, Dolton, Hurley, Irene, Marion, Monroe, Parker, Viborg

Union County: Alcester, Beresford, Elk Point, Jefferson, North Sioux City

Walworth County: Akaska, Glenham, Java, Lowry, Mobridge, Selby

Yankton County: Gayville, Lesterville, Mission Hill, Utica, Volin

Ziebach County: Dupree

South Dakota landlord insurance FAQ

Is landlord insurance required in South Dakota?

No South Dakota statute requires landlords to insure a rental, but mortgage lenders typically require property coverage and many leases and associations require liability coverage.

What does landlord insurance cost in South Dakota?

The NAIC reported a 2023 South Dakota average dwelling-fire premium of $524, compared with $1,614 for HO-3 homeowners policies. Averages rise with the amount of insurance, as shown in the table above. Your quote depends on the building, location, coverage, and deductible.

Who regulates insurance in South Dakota?

The South Dakota Division of Insurance licenses insurers and agents and publishes consumer guides and complaint tools.

Does a South Dakota landlord policy cover flood?

No. Standard dwelling forms exclude flood from surface water. Flood coverage is purchased separately, for example through the National Flood Insurance Program or a private flood policy.

Sources

NAIC, Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owner’s Insurance Report: Data for 2023, Table 4 (published 2026)
U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (tables B25003, B25077, B25064, B25035, B25024), retrieved via Census Reporter
U.S. Census Bureau, Vintage 2024 population estimates
FEMA National Risk Index
South Dakota Division of Insurance

Request a South Dakota landlord quote

Last updated October 15, 2026. Sources and method: how we research.

Landlord insurance in South Dakota