Average homeowners insurance cost in Aberdeen, SD

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As per Insure.com’s rate data analysis, the average cost of homeowners insurance in Aberdeen is $3,118 per year (for the coverage level of $300,000 for dwelling, $100,000 for liability protection and $1000 deductible), It’s $536 more than the national average of $2,582.

Homeowners insurance rates differ significantly from one home to another. Home insurance rates in Aberdeen depend on several factors, including:

Size of your home
Age of your home
Amount of coverage you need
Location
Your credit score

Allstate is the cheapest homeowners insurance company in Aberdeen with an average annual premium of $3,118 per year.

This guide covers everything from available coverage options to companies with the cheapest homeowners insurance rates in Aberdeen. Keep reading to learn about the monthly cost of homeowners insurance in Aberdeen, the cost for different dwelling coverage levels, and discover which companies provide the most affordable home insurance in Aberdeen.

Key takeaways

The average cost of homeowners insurance in Aberdeen is $3,118 per year.
Allstate is the cheapest homeowners insurance company in Aberdeen with an average annual premium of $1,976.
If you increase your dwelling coverage from $200,000 to $300,000, you will just have to pay $806 more a year for home insurance.

Average homeowners insurance cost in Aberdeen per month

Residents of Aberdeen pay an average of $260 a month for homeowners insurance, as per Insure.com’s rate analysis. It’s $21 less than the state average of $281 and $45 more than the national average for home insurance across the United States.

The cost of your homeowners insurance policy in Aberdeen may change based on location, property value, and selected coverage options.

Average homeowners insurance cost for a $200,000 house in Aberdeen

In Aberdeen, SD, homeowners pay an average of $2,312 annually for a $200,000 house. The amount you pay for home insurance each year depends on factors such as – natural disasters or events within your locality.

Some regions are more at risk for natural disasters, like floods, hurricanes, or tornadoes, implying higher rebuilding rates in these areas are higher, resulting in higher insurance premiums. It’s essential to note that your insurance policy might not cover damages caused by floods or hurricanes. If you reside in an area prone to flooding, consider buying flood insurance.

Average homeowners insurance cost for a $300,000 house in Aberdeen

As per rate analysis by Insure.com, homeowners residing in Aberdeen typically pay an average of $3,118 annually to insure a home for coverage limits of $300,000 dwelling, $100,000 liability protection with a $1,000 deductible.

Your home insurance rates will be increased by $806 if you increase your dwelling coverage from $200,000 to $300,000. It is advisable to buy enough insurance sufficient insurance to cover the entire cost of rebuilding your home. However, the amount of dwelling coverage you need may vary depending on the size of your home, the features in your home, and the cost of living in your area.

Average homeowners insurance cost in Aberdeen by company

Among the carriers analyzed, Allstate is the most affordable homeowners insurance company in Aberdeen. It’s average annual rate for homeowners in Aberdeen is $1,976.

Auto-Owners, ranks second and North Star Mutual makes it to the third spot with an average annual home insurance rate of $2,162.

Research on the company is essential before selecting a homeowners insurance policy. Insure.com has thoroughly examined all insurance companies operating in Aberdeen and compiled a list of the most affordable home insurance companies.

Below are details of Aberdeen home insurance companies and their average annual premiums.

Home Insurance Company	Annual rate
Allstate	$1,976
Auto-Owners	$1,988
North Star Mutual	$2,162
Iowa Farm bureau	$2,424
Nationwide	$2,575
Farmers Mutual Ins Co of NE	$2,646
American Family	$2,950
Farmers	$5,006
State Farm	$2,732
USAA*	$3,113

Methodology

Insure.com, with the help of Quadrant Information Services, gathered data for homeowners insurance rates in Aberdeen for $300,000 dwelling coverage and $100,000 liability coverage with a $1,000 deductible. The data presented are those with a good credit tier alignment.