Looking for Insurance recommendations

[Natalie Z.]

Hi, Any recommendations on property insurance companies in SD? And what to look out for in terms of coverage? Thanks!

[Jose Linares]

There are a lot of options out there when it comes to property insurance coverage. I agree with @Dan H. on USAA being one of the top. Especially, with how they handle their claims process and coverages. If you don't qualify for USAA, shop around for the best price with higher coverages. It is better to be properly insured than save a few dollars monthly in the event of disaster.

Area's of caution:

• Condo Policies: Make sure you know what is covered under the HOA CC&R's. That will dictate the coverage under your condo policy. Too often, condo owners are under insured thinking the HOA will assist.
• Landlord Policies: There are two types of policies - long term rentals & short term/vacation rentals.
  • If you run a short-term rental and a vandalism/theft claim is filed, it will not be covered under the typical landlord (DP3) policy. There are specific policies for short-term rentals.

If you have any specific questions, please do not hesitate to reach out to me directly.  Hope this helps.