How Much Does Flood Insurance Cost in South Dakota?
South Dakota pricing is below the national average. Updated for 2026.
Flood Insurance Pricing in South Dakota
In South Dakota, the average cost for flood insurance is $765 per year, which is 15% lower than the national average of $900. Most South Dakota residents pay between $340 and $2,550.
South Dakota benefits from a lower cost of living than many states, resulting in more affordable pricing for flood insurance. This makes it one of the more budget-friendly states for this service.
Flood insurance protects your home and belongings from flood damage — which standard homeowners insurance does NOT cover. Available through the National Flood Insurance Program (NFIP) or private insurers, it's required for federally-backed mortgages in high-risk flood zones.
South Dakota vs National Average
What Affects Flood Insurance Cost in South Dakota?
Flood Zone
Low-to-moderate risk (Zone X): $400-$800/year. High risk (Zone A/AE): $1,000-$3,000+/year. Coastal (Zone V): $2,000-$5,000+/year
NFIP Risk Rating 2.0
FEMA's new rating system (since 2021) bases premiums on specific property characteristics, distance to water, and flood frequency. Rates vary widely
Coverage
NFIP max: $250,000 building + $100,000 contents. Excess/private flood: higher limits available
📐 Flood Insurance in South Dakota Cost Calculator
Get a personalized estimate based on your project details
Compare Insurance Rates
See how much you could save with free quotes from top carriers.
Top-Rated Flood Insurance Pros in South Dakota
5 providersReliable Restoration
⭐ PREMIUMProudly serving SD since 2002. Licensed, insured, and committed to excellence.
All-Pro Contractors
⭐ PREMIUMProudly serving SD since 2019. Licensed, insured, and committed to excellence.
Summit Roofing & Siding
Are You a Flood Insurance Professional?
Get listed on CostWhale and reach thousands of customers searching for flood insurance in South Dakota.
💡 Tips to Save on Flood Insurance in South Dakota
- 1.An elevation certificate ($200-$600) may prove your home is lower risk than mapped, reducing premiums significantly
- 2.NFIP rates are standardized but private flood insurers may offer 20-50% lower rates
- 3.Raise utilities and HVAC above base flood elevation to lower premiums
- 4.Your community's CRS (Community Rating System) participation can provide 5-45% discounts
📈 Flood Insurance in South Dakota Cost Trends (2020–2024)
Prices have increased +17.7% over the last 5 years
| Year | National Avg | YoY Change |
|---|---|---|
| 2020 | $650 | — |
| 2021 | $677 | +4.2% |
| 2022 | $721 | +6.5% |
| 2023 | $741 | +2.8% |
| 2024 | $765 | +3.2% |
Based on national averages adjusted for annual inflation. Actual costs vary by location and project scope.
💬 What Did You Pay?
Real costs reported by homeowners for Flood Insurance in South Dakota
Recent Reports
Frequently Asked Questions
Do I need flood insurance?
Required if you have a federally-backed mortgage in a high-risk flood zone (A or V zones). Even in lower-risk areas, 25-30% of all flood claims come from outside high-risk zones. The average flood claim is over $50,000. With no flood insurance, you'll pay out of pocket or rely on limited FEMA assistance.
Does homeowners insurance cover flooding?
No — standard homeowners insurance explicitly excludes flood damage. This is the single most common coverage gap homeowners discover after a disaster. Flood insurance must be purchased separately through NFIP or a private insurer. There's a 30-day waiting period before coverage begins.
Flood Insurance Cost in Other States
Related Cost Guides for South Dakota
🔍 Compare Insurance Rates
See how much you could save. Compare quotes from top insurance companies in minutes.
* CostWhale may earn a commission. This doesn't affect our pricing data or recommendations.
💰 Get Weekly Cost-Saving Tips
Join 10,000+ smart homeowners. Unsubscribe anytime.