The state of South Dakota just like many other states in America does not mess around when it comes to their insurance laws. Anybody operating a motor vehicle must also show financial responsibility in the form of the South Dakota auto insurance. South Dakota is an at-fault state which means that the insurer of whichever driver caused the accident must foot the liabilities incurred in the accident.
The laws of South Dakota auto insurance have a minimum liability requirement that is a must when it comes to the bodily injury coverage policy. For a single person involved in the accident the minimum bodily injury liability is set at $25, 000. If more than one person is injured in the entire accident then the total minimum liability set by the state laws is of $50, 000. This will cover the whole accidents medical bills.
The next minimum liability that is a must under the South Dakota auto insurance laws is the property damage liability. In South Dakota the minimum property damage liability is set at another $25, 000. This will pay for the repairs of any damages that your accident causes to somebody else's property. A lot of people normally increase on the sum of this coverage for fear of having it get worse without an insurance coverage.
There is one more minimum liability that is set and required to be had by the South Dakota auto insurance laws. This is the uninsured or underinsured coverage policy. This policy will help you get compensation if you are involved in an accident whereby the other party in the accident does not have insurance coverage. It will help pay for your medical bills and any other repairs that are needed.
The South Dakota auto insurance offers more than just the above mentioned insurance policies. The ones mentioned above are just the ones which you are not considered validly insured if you do not have. They also offer collision and comprehensive insurance cover. These will help pay for bills from an accident that occurred through no fault of your own or through unavoidable circumstances. For example if there was oil slip on the road that caused your car to skid offs the road.
The South Dakota auto insurance laws have one variable that I was not aware of though. In the state of South Dakota you can meet the above mentioned minimum requirements through a certificate of deposit. You can also deposit any securities that you may own worth at least $50, 000 with the South Dakota state treasurer's office. You will then be considered insured.
There is however harsh repercussions should one fail to obtain a South Dakota auto insurance policy. For the first time offender you may be given a $100 fine with a 30 days license suspension. For this license to be reinstated and valid again for driving you must pay another $50 fee. For a repeat offender you may find yourself winding up in jail.
The best way for you to get your South Dakota auto insurance would be for you to be keen with your comparisons. Get online and get a listing of all the auto insurance companies in your locality. Compare all the new quotes that they offer and go with the ones which will suit you the best in the long run.
