Coverage Watch does not have a financial relationship with any car insurance companies and quote providers. Everything displayed on the site is completely free from bias and based on legitimate data.

Get Cheap Car Insurance in Silver Valley Addition, Sioux Falls, SD

We monitor insurance prices, helping the average driver in Silver Valley Addition save up to 28.9% on car insurance.

 

Start Saving

The Cheapest Minimum Coverage in Silver Valley Addition

The chart below shows the cheapest car insurance company in Silver Valley Addition for a driver with a good record seeking minimum coverage on a mid-grade used vehicle. Values are estimated, and premiums may be lower or higher, but should be in an accurate order for a good driver. In general, drivers with good records will get the best prices through Auto-Owners Insurance, followed by American Family Insurance, Midvale Home & Auto, and State Farm.

 
Silver Valley Addition Insurer Monthly Cost
Auto-Owners Insurance $24
American Family Insurance $27
Midvale Home & Auto $28
State Farm $28

Savings for Every Kind of Silver Valley Addition Driver

The table shows how much the average auto insurance customer in Silver Valley Addition might save by following our recommendations.

Based on our extensive insurance data, we know the average Silver Valley Addition driver will save about 21% on car insurance. This isn’t marketing: this is unbiased data with no financial influence. The best auto insurance company depends on factors such as your driving record, home location, credit score, marital status, and age. The average driver will find themselves saving $318 per year by choosing the right vehicle insurance company. Some Silver Valley Addition residents are paying out over $1,534 extra every year for auto insurance in Silver Valley Addition. That cost may be even higher if you haven’t requested a new quote as your life situation changed.

Situation
Silver Valley Addition, Sioux Falls, SD Savings / Yr.
$318
$643
$497
$723
$1,201
$351
$550

Silver Valley Addition Car Insurance vs. Sioux Falls

People living in Silver Valley Addition pay an average of 7.01% less than the typical driver in the state. The average driver in Silver Valley Addition can expect to pay about $420 per year, or $1,534 for full coverage.

Based on our analysis, Auto-Owners Insurance will be the cheapest provider in Silver Valley Addition for most people.

Car Insurance Prices by Silver Valley Addition Neighborhood

Silver Valley Addition, Sioux Falls, SD map of insurance costs by zip code and neighborhood

Insurance Prices

More expensive
Average
Less expensive

Where is insurance cheapest within Silver Valley Addition?

The map shows insurance prices in and around Silver Valley Addition, with more expensive areas in red and places with cheaper car insurance in green. Insurance can vary by as much as $134 per year within the neighborhood boundaries, with insurance premiums ranging from a high of $1,626 to a low of $1,492. Insurance prices tend to be higher for those living in the South area, and lower for those with homes in the Northwest parts of Silver Valley Addition.

Pick the Best Car Insurance Company for You in Silver Valley Addition

We have analyzed insurance costs for auto insurance customers based on the major variables that impact pricing. The results of our analysis are below, including US dollar savings. What about when you meet one or more of the criteria? For example, if you have both a DUI and a speeding ticket? Simply start with the Silver Valley Addition insurance provider for whom we have posted the highest savings dollar figure.

The best car insurance provider for most drivers in Silver Valley Addition

For drivers with clean driving records and no major strikes, Auto-Owners Insurance is the best option, with annual savings of $318 over the average Silver Valley Addition car insurance company.

Visit Site

We use the average good driver, paying $101 per month, as our baseline for pricing in Silver Valley Addition. State Farm, Auto-Owners Insurance, and Farmers Mutual of Nebraska are all good choices for quotes if you have a clean record. See also the best providers for married people if you are married, and look for repeated company names.

The best car insurance provider for Silver Valley Addition drivers with accidents on their records

In Silver Valley Addition getting into an accident will raise premiums an average 32% for a yearly cost of $2,263. That's $728 per year more than a driver with no at-fault crashes on their driving record might pay. To avoid paying out more than you need to, State Farm, Auto-Owners Insurance, and Farmers Mutual of Nebraska are good choices for drivers with accidents.

In our analysis, State Farm saved the average person who had been in an accident the most, with annual savings averaging $643 over the competition.

Visit Site

The best car insurance company for Silver Valley Addition drivers with speeding tickets

>State Farm gave the average person with a speeding ticket the most savings, averaging $497 better than other car insurance companies.

Visit Site

Depending on the insurance company, a speeding ticket can actually raise insurance premiums more than getting in an accident. In Silver Valley Addition, tickets raise premiums on new quotes about $436. If you have a speeding ticket, we recommend State Farm, Farmers Mutual of Nebraska, and Auto-Owners Insurance for savings that beat the average insurance cost of $1,971 per year.

The best auto insurance for Silver Valley Addition drivers with a DUI conviction

Getting a DUI can increase the cost of insurance dramatically. The average person with a DUI paid $2,504 per year in auto insurance premiums, which was $970 more than a driver with no major issues. State Farm, Dairyland, and Midvale Home & Auto penalized their customers the least for a DUI.

Getting a quote from State Farm may cost the average person with a DUI about $723 less each year.

Visit Site

The least expensive car insurance company for new and young drivers in Silver Valley Addition

In Silver Valley Addition, State Farm costs young drivers $1,201 less each year versus the average auto insurance bill.

Visit Site

Teen drivers account for more than their share of accidents, and thus end up paying about 65% more for insurance than more mature drivers in Silver Valley Addition. With an average cost of $4,402 per year (for young drivers who aren't on a parent's plan), car insurance for inexperienced drivers can’t ever be called "cheap." A few companies like State Farm, Farmers Mutual of Nebraska, and Auto-Owners Insurance try to attract these younger drivers with lower prices in the hopes that they will stay with the company.

The best marriage discounts for vehicle insurance in Silver Valley Addition

Not everything is an excuse for the auto insurance companies to charge you more. Getting married provides an average discount of $114. State Farm, Progressive, and Auto-Owners Insurance provided the largest discounts to couples living in Silver Valley Addition.

State Farm gave the largest car insurance discounts to married couples, averaging $351 saved each year compared to an average Silver Valley Addition couple's premiums.

Visit Site

The cheapest car insurance in Silver Valley Addition for drivers with bad credit

People with poor credit saved an average of $550 with Farmers Mutual of Nebraska.

Visit Site

Many people are surprised that their poor credit score can cost them an average of $1,033 every year. Premiums for people with poor credit were about $2,568 in Silver Valley Addition. However, some insurance companies do not take credit score into account. If you have a credit score below 575, get quotes from Geico, Nationwide, and Farmers Mutual of Nebraska.

The best Silver Valley Addition car insurance company for customer service

Many car insurance companies over the years have struggled with customer service. In Silver Valley Addition, the National Association of Insurance Commissioners (NAIC) ranks Nationwide as the best. Another valuable metric: JD Power ranks Farmers Insurance as the best provider in Silver Valley Addition.

Nationwide was the best company for customer service in Silver Valley Addition according to the NAIC.

Visit Site

Recent price drops

Due to improvements in our tracking and methodology, we are unable to show price change data for the most recent year. This data will return next year (2023).

In 2020, at the peak of the global pandemic, {{top1_2020pricedrop_company}} changed their average price {{top1_2020pricedrop_company_percentage}}% in Silver Valley Addition, which was better than other insurers.

Visit Site

During the Covid-19 pandemic a few insurance companies realized people were driving less and struggling overall. They proactively lowered their rates for many customers in Silver Valley Addition. We think helping communities in a time of need deserves special attention. Many insurance companies have advertisements telling us how much they care: we prefer to look at their actions.

The cheapest large national provider in Silver Valley Addition

Many customers have informed us that they prefer to work with large national brands. Maybe they're one of the 16% of Silver Valley Addition residents who are renting, and don't plan to be in the neighborhood or city for very long. Or maybe national recognition and funds make people feel more secure with a large provider. Regardless, State Farm tends to have the lowest prices for most drivers.

For customers who prefer to work with large national providers, we recommend State Farm for pricing. The average Silver Valley Addition driver can expect to pay about $111 per month.

Visit Site

What About USAA?

JD power consistently ranks USAA as the top car insurance company in the United States. We don’t compare their rates because most people can’t sign up. USAA only allows active military members and their spouses and children to apply. In Silver Valley Addition, USAA has the best prices for drivers with bad credit, drivers with a DUI conviction, good drivers, young drivers, drivers with accidents, drivers with speeding tickets, and married couples.
Get USAA (An excellent choice if you qualify)

Auto Insurance Prices in and Around Silver Valley Addition

What Influences the Cost of Car Insurance in Silver Valley Addition?

On average, car insurance in Silver Valley Addition is actually less expensive than the rest of the state. These low prices are no mystery to us. Coverage Watch tracks car insurance costs and uses a complex AI that finds related variables, and has determined car insurance prices in the neighborhood are influenced by the following factors:

  • The average commute time in Silver Valley Addition is 20 minutes, which is far more than average for a driver in the city.
  • South Dakota state insurance regulations may require higher prices.
  • An average of 10 to 11 weeks with snow on the ground, which impacts accident rates.
  • Marriage rates in Silver Valley Addition are among the highest in the state, and marriage often results in car insurance discounts.
  • Vehicle theft rates in the area are low, with a Vehicle Theft Crime Grade of A+ according to CrimeGrade.org.
  • Silver Valley Addition is a fairly densely populated area in the state. The neighborhood’s density could result in a price increase for drivers.

As a result of these and other factors, the average cost of car insurance in Silver Valley Addition is $35 per month for minimum coverage and $128 per month for full coverage. Costs vary widely based on your situation, and will likely be lower if you have a clean driving record and follow our insurance company research to find the best car insurance company for you.

Car Insurance in Nearby Neighborhoods

Neighborhoods with Similar Populations

* Who is the average Silver Valley Addition driver? Based on national demographic data provided by BestNeighborhood, we took a single unmarried man living in central Silver Valley Addition with good (but not perfect) credit driving a used midsized sedan. Data sources: proprietary data collection and analysis, unique to CoverageWatch.org All content copyright CoverageWatch.org. Journalists and other websites are free to cite any data with attribution.