Home Insurance in Sioux Falls

GUIDANCE, PROTECTION, AND PEACE OF MIND

Welcome to First State Insurance Agency Southwest

For more than 90 years, First State Insurance Agency Southwest has helped homeowners secure dependable home insurance coverage designed for their unique needs. Home is more than a building, it’s where your life happens, where memories are made, and where your biggest investments live. At First State Insurance Agency Southwest, we understand the importance of protecting that investment with the right home insurance in Sioux Falls.

As an independent home insurance agency in Sioux Falls, we work with top-rated carriers to compare options and build policies that match your lifestyle, budget, and property type. Whether you’re a first-time homeowner or have lived in your Sioux Falls home for decades, we’re here to make sure your home and everything in it is protected.

What is covered by Home Insurance in Sioux Falls?

Dwelling Coverage

Covers payment to repair or rebuild your home if it’s damaged by covered perils such as fire, wind, hail, or vandalism.

Personal Property

Protects personal belongings like furniture, electronics, and clothing against theft or damage.

Liability Protection

Covers legal costs and damages if someone is injured on your property.

Medical Payments

Covers minor medical expenses for injuries to guests on your insured property, regardless of fault.

Additional Living Expenses (ALE)

Pays for temporary housing, hotels, meals, and other costs if your home becomes uninhabitable due to a covered loss.

Optional Add-Ons

Extra protection for risks not included in standard policies (e.g., flood, sewer backup, earthquake).

ENSURING YOU HAVE A ROOF OVER YOUR HEAD

Home Insurance Requirements in Sioux Falls, SD

While South Dakota state law does not require homeowners insurance, most mortgage lenders will require you to have a policy before approving your loan. Even if you own your home outright, coverage is still one of the smartest investments you can make to protect your property and finances.

First State Insurance Agency Southwest recommends every Sioux Falls homeowner consider the following:

Severe weather events like hailstorms and winter storms can cause thousands in unexpected repair costs.
Liability claims from accidents on your property can lead to expensive lawsuits.
Theft, vandalism, and fire risks can devastate your finances without proper coverage.

Having a comprehensive homeowners policy ensures you’re protected from life’s unexpected events, not just the ones you can predict.

GET ONLY THE BEST INSURANCE CARRIERS

Reliable Coverage That Protects What Matters Most

Homeowners in Sioux Falls, SD face a wide range of risks, from powerful thunderstorms and freezing winters to theft and property damage. Home insurance isn’t just about replacing a roof or repairing a wall; it’s about securing the financial stability of your family and protecting the place you call home.

With First State Insurance Agency Southwest, you get more than a policy. You get peace of mind knowing that your home, your belongings, and your liability are covered no matter what life throws your way.

Why Choose First State Insurance Agency Southwest for your Home Insurance in Sioux Falls, SD?

When you choose First State Insurance Agency Southwest, you’re choosing a partner dedicated to protecting your home as if it were our own. Here’s why homeowners across South Dakota trust us:

Independent Agency Advantage: We are not tied to one insurance carrier and shop multiple top-rated carriers to find the best coverage and pricing for your specific needs.
Local Knowledge: Our team understands Sioux Falls weather patterns, housing types, and the unique risks that come with living in Sioux Falls, South Dakota.
Custom-Tailored Policies: We understand every home is different and we build coverage that fits your property, lifestyle, and budget. We ensure your needs are met and you feel secure.
Comprehensive Protection: From basic coverage to advanced add-ons like flood and sewer backup, we ensure no gap is left unprotected.

Ongoing Support: Annual policy reviews, proactive recommendations, and dedicated claims support, we’re here for you every step of the way.

FAQs

How much home insurance do I need in Sioux Falls, SD?

The amount of home insurance you’d need is not an exact number. Your coverage should be high enough to rebuild your home completely if it’s destroyed by a covered event. In Sioux Falls, the average rebuilding cost ranges from $150–$200 per square foot, meaning a 2,000 sq. ft. home should have about $300,000–$400,000 in dwelling coverage. You should also consider personal property coverage and additional living expenses within your home insurance.

Does homeowners insurance cover water damage?

Water damage from sudden incidents like a burst pipe is usually covered by homeowners insurance. Flood damage is not usually covered under standard policies, you’ll need separate flood insurance.

Are floods or earthquakes included in my home insurance in Sioux Falls?

Standard home insurance policies do not include flood or earthquake coverage. You can add these as optional policies or endorsements for complete protection. It is recommended to contact a competent insurance agency like ours to help you understand if these risks are relevant for your property.

What factors affect my home insurance premium?

Several factors determine how much you’ll pay for home insurance in Sioux Falls. Your home’s value, size, and age play a major role. Newer homes with modern wiring and roofing often cost less to insure. Location also matters. Properties in areas prone to hail, wind, or flooding may face higher premiums. Insurers also consider your claims history, credit score, and the amount of coverage and deductibles you select. Adding security systems, smoke detectors, and storm-resistant materials can help lower your rate.

How can I lower my home insurance premiums in Sioux Falls, SD?

There are several practical ways to reduce your home insurance costs without sacrificing protection. Installing security systems, smoke detectors, and storm shutters can qualify you for safety discounts. Increasing your deductible can also lower monthly premiums, though you’ll pay more out of pocket for a claim. Maintaining a good credit score and a claim-free record can help you earn better rates over time. Bundling your home and auto insurance is another smart way to save on premiums.