The top-rated landlord insurance agent in Sioux Falls, South Dakota is Ty Teveldal - State Farm Insurance Agent, rated 4.9 stars across 549 reviews. Other highly rated options include World Insurance Associates LLC, Pernell Insurance Agency, Nelson Insurance Agency. This directory lists 20 landlord insurance agents serving Sioux Falls.
Comparison
| # | Name | Address | Phone |
|---|---|---|---|
| 1 | Ty Teveldal - State Farm Insurance Agent | 3926 S Western Ave | (605) 339-2999 |
| 2 | World Insurance Associates LLC | 3208 E 26th St | (605) 467-8733 |
| 3 | Pernell Insurance Agency | 528 N Sycamore Ave Unit 2 | (605) 271-7595 |
| 4 | Nelson Insurance Agency | 2200 W 49th St Unit 100 | (605) 275-9700 |
| 5 | WINS Group Insurance Services | 4804 S Minnesota Ave Unit 103 | (605) 271-6600 |
| 6 | Prins Insurance of Sioux Falls, Inc. | 2900 S Phillips Ave #400 | (605) 332-5300 |
| 7 | Platinum Insurance Group | 6330 S Western Ave Unit 110 | (605) 271-4446 |
| 8 | Great Place Insurance (Formerly Insurance Express Agency, LLC) -- Sioux Falls, SD | 200 S Petro Ave Suite 106 | (605) 361-6318 |
| 9 | Midwest Division Insurance Agency | 3701 W 49th St STE 203 | (605) 274-7420 |
| 10 | Plains Insurance Group | 3130 W 57th St Unit 105 | (605) 789-5898 |
Ty Teveldal - State Farm Insurance Agent serves Sioux Falls, South Dakota, offering landlord insurance coverage tailored for rental property owners. This agency helps safeguard residential and commercial rental investments against property damage, liability claims, and loss of rental income. Policies can be customized to address specific risks like tenant defaults or natural disasters common to the region. Services include liability protection and coverage for structures and unattached units.
World Insurance Associates LLC provides landlord insurance services for property owners in Sioux Falls, South Dakota, covering essential protections such as liability coverage, property damage, and loss of rental income. The company assists landlords with policy reviews and regular maintenance planning to help safeguard their investments. It supports a variety of property types, including single-family homes, apartment complexes, retail spaces, and restaurants, ensuring that different rental situations receive appropriate coverage tailored to their specific operational needs.
Pernell Insurance Agency in Sioux Falls, South Dakota, serves homeowners, rental property owners, and managers who need coverage for residential income properties. Their landlord insurance policies typically address dwelling repair, liability protection, and loss of rental income. The agency works with clients to manage risks specific to leasing residential units. Policies are structured to help property owners maintain financial stability when damages or tenant issues arise. The agency also extends its coverage services to property owners in neighboring Brandon and throughout the eastern side of the Sioux Falls metro area.
Nelson Insurance Agency serves Sioux Falls and the surrounding communities in southeastern South Dakota. It handles landlord insurance for owners of residential rental properties, including protection for single-family homes and multi-unit dwellings. The agency provides coverage for physical building damage, liability concerns, and potential rental income loss. For each property, the agency works to identify specific risks that a landlord faces. It then applies standard policies tailored to the unique requirements of renting out property in this local market, ensuring the owner’s investment is safeguarded against common threats.
WINS Group Insurance Services in Sioux Falls, SD helps landlords choose between one-time policies for single rental properties or recurring coverage for ongoing portfolios. Their options usually safeguard against property damage, liability claims, and lost rental income. Services generally require an initial property assessment to determine appropriate coverage limits. Appointments and policy consultations for new clients typically run on an as-needed basis, while existing policyholders often receive scheduled annual reviews to adjust coverage for changing rental markets and property values.
Prins Insurance of Sioux Falls, Inc. provides comprehensive protection specifically for residential and commercial rental properties, including liability coverage and dwelling policies. It also works with local landlords to secure general business insurance for their rental operations. Landlords in Sioux Falls rely on this agency to manage risks common to the area, with particular attention to the annual freeze-thaw cycles and the potential for burst pipes during harsh South Dakota winters.
As Sioux Falls faces the seasonal challenges of fluctuating temperatures and occasional severe weather, protecting rental properties becomes a priority for local landlords. Platinum Insurance Group provides tailored coverage plans designed to address the unique risks associated with owning residential or commercial rental units in the area. Their focus includes safeguarding against property damage, liability claims, and unexpected income loss from tenant vacancies. The initial process typically begins with a thorough consultation and on-site inspection of the rental property to assess specific needs and evaluate potential hazards.
Great Place Insurance, located in Sioux Falls, SD, serves as a landlord insurance agent helping property owners protect rental investments against liability and property damage. The company can also arrange specialty add-ons such as coverage for loss of rental income and ordinance or law upgrades. Its clientele includes those with commercial portfolios, including offices, warehouses, and food service operations.
Midwest Division Insurance Agency in Sioux Falls, SD, is known for providing landlord insurance policies tailored specifically to rental property owners in the region. Its service range includes coverage for single-family rentals, multi-unit dwellings, and short-term vacation properties to protect against property damage, liability claims, and loss of rental income. The agency specializes in offering an add-on ordinance or law endorsement, which helps property owners manage the costs of rebuilding to comply with updated building codes after a covered loss.
What Does a a Landlord Insurance Agent in Sioux Falls Cost?
Typical landlord insurance costs in South Dakota range from 15 to 30 percent more than standard homeowners insurance. For a single family rental in Sioux Falls annual premiums often fall between 800 and 1500 dollars. Factors include property value location and coverage limits. This is general information not insurance advice.
About landlord insurance agents in Sioux Falls
A landlord insurance agent in Sioux Falls helps property owners protect their rental investments. South Dakota law does not require landlord insurance but mortgage lenders often do. Local agents understand risks like severe weather and tenant liability specific to the region.
Frequently Asked Questions
What does landlord insurance cover in South Dakota?
Landlord insurance typically covers property damage liability and loss of rental income. In South Dakota policies may include coverage for wind hail and winter freeze damage common in the state.
Is landlord insurance required by South Dakota law?
South Dakota does not legally require landlord insurance. However most mortgage lenders require a policy. It is also strongly recommended to protect against liability claims and property damage.
How do I choose a landlord insurance agent in Sioux Falls?
Look for an agent with experience in rental property insurance and knowledge of South Dakota regulations. Ask about coverage limits deductibles and whether the policy covers specific risks like sewer backup or ice dam damage.