According to the article “State Farm Changes Auto Insurance Rates” by Rapid City Journal.com, State Farm Auto Insurance has increased their insurance rates in South Dakota an average of about .1% as of July 12.
Once this rate change goes into effect, State Farm’s overall average auto insurance rate will be 14.2% lower than they were 13 years ago. This is fantastic news during this tough times for those struggling with South Dakota auto insurance quotes.
Currently, premiums for comprehensive and collision coverages are increasing. Comprehensive coverage takes care of losses from theft, fire, damages from weather, vandalism, and broken glass. The cost of liability as well as medical payments will decrease for many customers. Rate changes will vary from customer to customer, depending on what type of coverage they choose, where they reside, the type of car they drive, and how often it is driven.