Small Business Insurance in South Dakota

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Insurance cover for small businesses in South Dakota

Commercial Property

Commercial Property Insurance will provide coverage for your properties in case damage renders them impossible to rent or lease.

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Commercial Auto

Commercial Auto Insurance covers your cars, trucks, and vans used in your business. It covers the costs from vehicle damage in collisions, theft, vandalism and weather damage. It also covers medical expenses for to injured parties.

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Workers Compensation

Workers Compensation covers your employees' medical costs and lost wages while recovering from a work-related injury or illness. The employee gives up the right to sue your company in return for receiving cash and benefits from Workers Compensation. In some states it’s mandatory for businesses!

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Errors & Omission (E&O)

Errors & Omission Insurance (E&O), is a type of professional liability insurance. It protects you from being legal claims that you made a mistake when offering your services. E&O covers your defense fees & settlement costs.

General Liability

General Liability Insurance protects your small business against claims of third-party bodily injury and property damage, reputational harm and advertising injury. It covers medical bills, repair costs & legal fees.

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Business Owners Policy (BOP)

Business Owners Policy (BOP) protects you from business liability and property damage at a lower cost. BOP covers claims resulting from fire, theft & disasters. BOP also covers claims of bodily injury or property damage during your business operations.

Frequently Asked Questions

Why do I need insurance for my South Dakota small business?

Without any insurance, you'll risk lawsuits and medical claims that could put a huge dent in your financial resources. A personal injury lawsuit alone can bankrupt a business.

What types of insurance does my business need in South Dakota?

Every business has unique needs; however, we recommend starting with Workers' Compensation if you have employees and Commercial Auto insurance if you use vehicles for your business operations. A General Liability insurance is highly recommended as well, as it covers most incidents in one policy.

What limits should I carry on my General Liability insurance in South Dakota?

It depends on the type of business, but we recommend you carry around $1,000 to $2,000 per incident.

What do I need to get an insurance quote in South Dakota?

Insurance companies require your business license and you must have completed all your applications. Most insurance companies will require your loss history to get a quote for insurance.

Are You Ready to Get Covered?

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