Cheap auto insurance for teenagers in South Dakota

Whether the car in registered in your teen’s name or your name, the mandatory automobile insurance laws of South Dakota still require you to carry the minimum liability auto insurance. The South Dakota mandatory auto insurance laws require you to carry $25,000.00 of insurance for each individual injured in an accident, $50,000.00 for all injuries incurred in an accident and $25,000.00 for any property damage incurred in an automobile accident to cover your teenager when they are behind the wheel. You will also be required to carry uninsured and underinsured coverage on your teenager of $25,000.00 and $50,000.00 amounts. Insurance companies in South Dakota may suggest you carry more than the minimum state requirements because of the higher risk of accidents posed by inexperienced teen drivers. Furthermore, following their advice may actually reduce the cost of insuring your teenager. There is no doubt that adding your teenagers to your policy will increase your premiums but it will generally cost less than putting them on their own policy. Encouraging your teen to maintain a “B” grade point average and drive sensibly will help to reduce these added costs to your premiums.

Since South Dakota is a Torte state, the person causing the accident can be sued for pain, suffering, lost wages and medical costs which result from the accident. For this reason, it is a good idea to carry more than the minimum required auto liability insurance on teens. Liability insurance will cover the injuries and deaths which are inflicted on all other persons involved in the accident. It will also cover all property damage whether it is another vehicle or a fence. It is strongly suggested that collision and comprehensive insurance be carried for young drivers. Collision covers the damages and replacement costs to the car your teen drives in the case of an accident involving another car, reckless driving, etc even if your teen was at fault. Comprehensive auto insurance covers accidents involving acts of nature such as four legged animals and accidents caused by bad weather.

The auto insurance coverage must come from a company which has been approved by the state of South Dakota. You are required to carry proof of insurance with you at all times. This proof must include the VIN number of your vehicle, the make and model of your vehicle, the name of those covered as well as the policy holder and the name of the insurance company and the current effective dates of coverage. If your teen does not provide proof of insurance, they will be fined, could lose their license and the registration to the vehicle. They will have to provide proof of the minimum liability insurance in order to restore their license and registration at the end of their suspension.

Proof of proper liability auto insurance coverage includes a temporary insurance card, and identification card from the company, a certificate of deposit or a certificate of self insurance from the state. The fines for failure to produce proof of insurance will result in a $100.00 fine. They may lose their license for 30 days to one year. There is a possibility they may face jail time and they will have to pay a $50.00 reinstatement fee as well as application fees. The policy must be from an approved auto insurance provided in the state of A South Dakota.

Be aware that buying your teen a luxury or sports car will raise your premiums. Avoiding the purchase of the popular stolen cars in South Dakota may also help to reduce the cost of insuring your teen. Below is a list of the cars thieves prefer in South Dakota.

1. 1997 Ford F150
2. 1994 Chevrolet C/K 1500 Pickup (full size)
3. 1992 Ford Taurus
4. 1997 Chevrolet Cavalier
5. 1995 Pontiac Grand Am
6. 1997 Pontiac Grand Prix
7. 1997 Chevrolet Lumina
8. 1990 Dodge Caravan
9. 1995 Chevrolet Blazer
10. 1996 Oldsmobile Cutlass