How Much Is Flood Insurance in South Dakota?
The average cost per policy in South Dakota through the NFIP is $1,421.97. ​Depending on where you live, this average could vary substantially. If you're interested in a quote for a private flood insurance policy to compare costs to the NFIP, we offer both! Quote online to compare costs and coverages side-by-side with our quick online quote tool.
Average Costs through the NFIP
City | Average Cost per Policy |
|---|---|
Sioux Falls | $2,033.44 |
Rapid City | $1,455.14 |
Aberdeen | $1,176.60 |
Brookings | $819.10 |
Watertown | $1,263.19 |
Mitchell | $1,152.48 |
Yankton | $1,224.60 |
Huron | $1,172.00 |
Pierre | $1,821.04 |
Spearfish | $1,006.20 |
NFIP Average Prices as of April 30th, 2025.
Our Private Flood Insurance Prices Are Often Lower!
Our private flood insurance averages are often much lower than those shown above! Get a quote online and find out how much we can save you.
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Easily compare rates from top-rated private flood insurance carriers with an NFIP quote. We offer both! Quote online to compare prices and save money on flood insurance.
Does My Homeowners Insurance Cover Flooding?
Standard homeowners insurance generally excludes flood coverage. Obtaining a flood insurance policy is typically left up to the homeowner. If you're looking to get a policy, we offer a 100% online process. You can get a quote started here!
Do I Need Flood Insurance in SD?
Flooding in South Dakota is a serious concern—even for properties far from rivers or lakes. The state regularly experiences flash floods and heavy rainfall, especially during spring and summer. In June 2024, southeastern South Dakota saw rainfall totals between 10 and 20 inches, leading to significant flash flooding and record flooding at 25 river points. With climate patterns shifting and extreme weather becoming more frequent, flood risks are on the rise across the state.
The first step in assessing your flood risk is to find out if you're in or near a flood zone. Enter your address into our FEMA Flood Zone Map lookup tool.
How to Get Flood Insurance Without a Flood Elevation Certificate
Quality flood insurance is available without the added expense and trouble of getting an elevation certificate. FloodPrice can compare the rates for both private flood insurance and the NFIP to make sure you are getting the right coverage for the best price. Check out our quote page now to find out what coverage we can offer.
Flood Insurance Pricing Changes in South Dakota
The NFIP recently adjusted its pricing system, called Risk Rating 2.0. Their view of risk assessment now aligns more closely with practices that private carriers implemented years earlier.
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As a result, most policyholders in South Dakota have seen changes to their premiums. According to FEMA, approximately 66% of policyholders nationwide were projected to see price increases with the updated pricing methodology.
Why Did the NFIP Implement Risk Rating 2.0?
FEMA moved away from antiquated pricing based on flood zones and elevation certificates, and toward assessing each individual property. These adjustments are intended to more accurately reflect each property's unique flood risk. The following are considered by the NFIP when calculating your premium:
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Distance to water (river, coast, etc.)
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Cost to rebuild
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Flood frequency and type (coastal, riverine, and heavy rainfall events)
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Ground elevation and foundation type
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Historical claims and mitigation efforts
Compare NFIP with Private Flood Insurance Premiums Online
At FloodPrice, you can compare NFIP and Private Flood Insurance quotes side-by-side with our quick online quote tool. This makes it easier to find a policy that fits your budget and your needs. While private policies often offer more flexibility and may be less expensive for some, the NFIP still offers robust coverage, especially in high-risk or FEMA-regulated zones.
Need help from a Flood Expert? Call us at 866-503-5663 for personalized assistance.
