Rapid City, SD Home Insurance - Analysis On Quotes, Rates & Agents

Rapid City, SD Insurance Rates:

Homeowners need to compare different quotes to find the best home insurer suitable for their needs. The following analysis by vHome Insurance in Rapid City, SD helps consumers in making better choices. Enter your Zip Code in the banner below to get home insurance quotes. vHome Insurance undertook a detailed analysis of the cost of insurance inRapid City, SD.

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Average Home Insurance Premium in Rapid City, SD

National Average Premium State Average Premium Rapid City Average Premium
$1,438 $984 $1,041

Top Home Insurance Companies in Rapid City, SD | Back to Top

It is essential to find home insurers that provide the best insurance quotes. vHomeInsurance has rounded up the top home insurance companies in Rapid City, SD.

Company Name Coverage $70,000 Coverage $150,000 Coverage $200,000 Coverage $350,000
Milbank $749 $899 $1,169 $1,613
North Star $1,871 $2,245 $2,919 $4,028
State Farm $2,209 $2,651 $3,446 $4,756
Aaa $1,055 $1,266 $1,646 $2,272

Rapid City, SD Homeowners Insurance for Different Coverages | Back to Top

Coverage Type Home Insurance Cost($)
$100,000 To $124,999 681.21
$150,000 To $174,999 955.35
$175,000 To $199,999 1,079.65
$200,000 To $249,999 1,306.79
$250,000 To $299,999 1,949.79
$300,000 To $399,999 2,356.4
$400,000 To $499,999 3,090.98
$500,000 To $749,999 3,956.45
$750,000 To $999,999 4,574.65
$1000,000 To $1499,999 5,038.29
$1500,000 To $2000,000 5,409.21

Visual Guide for Rapid City, SD Home Insurance Buyers on Insurance Companies and Rates

Top Home Insurance Agents Near Rapid City, SD | Back to Top

Home Insurance Company Near Rapid City, SD Homeowners Insurance Agency Near Rapid City, SD Address
State Farm Bill Graves 338 S Chicago St, Hot Springs, SD, 57747-2324
Farmers Dave Schmidt 2834 Jackson Blvd Ste 101, Rapid City, SD, 57702
Allstate First Western Insurance P.O. Box 519, Sturgis, SD, 57785
State Farm Jodi Garcia 1230 North Ave Ste 2, Spearfish, SD, 57783-1572

List of Rapid City, SD Home Insurance Agents by Companies


Rapid City, SD Homeowners Insurance Rates Based on Claims Filed | Back to Top

Rapid City, SD homeowners who have no previous history of filing for claims are eligible for a discount of $145.74. Rapid City, SD homeowners who have filed one claim previously have to pay an additional home insurance premium of $62, while homeowners who have filed 2 claims previously have to pay an additional $146 on their home insurance rate.

Type of Claim Homeowners Insurance Cost Increase/Decrease($) Homeowners Insurance Cost($)
No Claim Discount -146 895
One Claim +62 1,103
Two Claim +146 1,187


Rapid City, SD Homeowners Insurance by Zip Code | Back to Top

Zip Code Median Home Value($) Home Insurance Cost($)
57703 143,700 999

Factors Affecting Home Insurance Premiums in Rapid City, SD

The average home insurance premium in Rapid City, SD is $1041. There are multiple factors that affect home insurance rates in Rapid City, SD. vHome Insurance lists the factors that could help homeowners in Rapid City, SD reduce their homeowners insurance rates.

Rapid City, SD Home Insurance Premium Based on the Number of Bedrooms | Back to Top

Bedroom Size Average Homeowners Insurance Cost($)
2 Bedroom 490
3 Bedroom 918
4 Bedroom 1,408
5 Bedroom 2,755

Rapid City, SD Home Insurance Premiums for Different Deductibles | Back to Top

Homeowners in Rapid City, SD who pay a low deductible of $500 pay a higher rate on their home insurance premium, while Rapid City, SD homeowners who pay a deductible rate as high as $2500 pay a lower rate on their home insurance premium, as seen in the table below.

Deductible Type Average Homeowners Insurance Cost($)
$500 Deductible 1,029
$1000 Deductible 930
$1500 Deductible 876
$2000 Deductible 795
$2500 Deductible 747

Rapid City, SD Homeowners Insurance Premium Based on the Age of the Home | Back to Top

Homeowners in Rapid City, SD pay a much lower home insurance rate if their homes are newly constructed. Homeowners with homes that are older than 50 years pay a much higher rate on their home insurance premium as seen in the table below.

Home Age Homeowners Insurance Cost($)
Newly Constructed Home 802
Year 30 Old 1,057
Year 40 Old 1,068
Year 50 Old 1,081
Above Year 50 1,091

Rapid City, SD Homeowners Insurance Cost Based on the Construction Type of the Home | Back to Top

Construction Type Home Insurance Cost Savings($) Home Insurance Cost($)
Fire Resistive 125 916
Masonry 52 989
Brick 52 989
Superior 104 937
Hail Resistant Roof 21 1,020

Top Saving Tips on Rapid City, SD Homeowners Insurance | Back to Top

Home insurance companies tend to provide discounts to homeowners based on the construction type of the home. Rapid City, SD homes that are resistant to damage attract more discounts from home insurers. Rapid City, SD homeowners who have bundled their auto insurance and home insurance policies pay lower home insurance premiums. Senior citizens also receive additional discounts from home insurers, in addition to standard discounts. Rapid City, SD homes equipped with safety devices earn substantial discounts, as they are less prone to burglaries.

The tables below contain the complete list of discounts that Rapid City, SD homeowners can take advantage of to increase their savings.

Rapid City, SD Auto & Homeowners Insurance Bundling Discounts and Senior Citizen Discounts

Discount Type Home Insurance Cost Savings($) Home Insurance Cost($)
Bundle Discount 167 874
Retiree Discount (Senior Citizen Discount) 146 1,187
Newly Constructed Home 239 802

Rapid City, SD Home Insurance Discounts for Home Safety Devices | Back to Top

Home Safety Devices Home Insurance Cost Savings($) Home Insurance Cost($)
Deadbolts 135 906
Fire Extinguishers 104 937
Smoke Detectors 135 906
Sprinkler System 135 906
Fire Alarm 83 958
Burglar Alarm 94 947
Lightning Protection 21 1,020

Latest Home Insurance Reviews

Esurance
Their policy offerings were within reason compared to others. The mean around the area I live in was roughly 200$ more per year than this one but within reason as compared to very low offers from smaller firms.
State Farm
To be honest I just don't make recommendations for products. I think they would have to go above and beyond for me to want to do that.
Farm Bureau
Premium is very reasonable as well as the deductibles. I shopped around quite a bit and same deductibles.
State Farm
I would recommend State Farm insurance to my family or friends. They provide good customer service. They will take care of you when you needed them.
State Farm
I would recommend this home insurance because it has the best rates compared to all the other companies. They protect a lot more in your home and still have an affordable price. Also, their customer service is superb.
Allstate
I am completed satisfied with my home insurance. I've never had any issues with my home insurance and it's worked for me these past years.
Travelers
I purchased Travelers insurance based off the recommendation of my broker. They seem to offer all the standard homeowners things, like wind protection, hail, and interior possession coverages.
Progressive
I would recommend this company solely based on our experience when we were without power, we had power lines down, and things ripped off of our house. They made our family feel like family.
Farm Bureau
We havent shopped around for home insurance but it seems to be about the same as all the rest of the options we have seen. we are satisfied.
Farmer's Insurance
it is good, when it compared to other companies, we can find the best and cheap plans here. it is always good to have
Geico
I would definitely recommend Geico home insurance to friends and family because of their great customer service and lower deductible and lower rates.
Amica Mutual Insurance
They are the best in protecting the place i live and its customer's friendly
Travelers
The premium is given according to their home quality and the total budget of the loan amount. It is good compared to other insurance companies.
Geico
Yes, I did have to pay $1000.00 deductible because of the plan i have but, the agent that I had she was so nice and concern about my situation she waive $100 of my payment.
Allstate
I enjoy the offers that they give me to change my plan. every month they send me different advancements i can access to upgrade my plan.
Allstate
Customer service was not good. when i call my broker asking about my coverage, he did not give a proper response
Geico
They have great rates and are very competitive with other leading insurance companies. i am very happy with my rate
Allstate
The major dislike is the fact that it isn't the cheapest route that I could go. There are other companies where I could get the same coverage for less.
Farm Bureau
I liked that they finished up my claim and sent a check within 6 weeks of the damaged roof. I appreciated the quick turnaround.
Travelers
The communication is on the level of a small, local company. There are not chain email blasts or website updates. We typically only receive communications when something directly affects us, which is nice.
Allstate
I like how streamlined the website is and the app works great for me. I can do everything on my phone so it is really convenient to use.
Esurance
I would definitely recommend this company. You can do everything online. Customer service is proactive about contacting you if there need to be changes made.
Allstate
I would absolutely recommend Allstate for basic homeowner's insurance. At this point I have yet to need to make a claim, so for the time being I would suggest it as an option.