This business liability insurance policy covers the most common third-party risks. It's important for all South Dakota businesses, and it's required by most commercial leases.
This policy, also called errors and omissions insurance (E&O), protects South Dakota businesses that provide professional services or advice. It covers lawsuits related to work performance.
This policy covers financial losses from data breaches and cyberattacks. It's recommended for South Dakota businesses that handle credit card numbers and other sensitive data.
A BOP bundles commercial property insurance and general liability coverage in one plan. It's often the most cost-effective type of commercial insurance for a South Dakota business.
Workers’ comp is highly recommended for South Dakota businesses with employees. It also protects sole proprietors from work injury costs that health insurance might deny.
This policy is required for business-owned vehicles in South Dakota. It covers injuries and property damage in an accident, along with vehicle theft, vandalism, and weather damage.
State laws can affect which business insurance coverage you need. These policies are required everywhere in South Dakota, from Sioux Falls to Pierre.
This policy covers medical bills for work-related injuries and illnesses, and provides disability benefits to injured South Dakota workers. It also protects employers financially in the event an employee claims their injury was caused by negligence.
South Dakota state law requires that drivers show proof of financial responsibility, usually by carrying auto insurance. The minimum requirements for auto liability coverage (and uninsured motorist coverage) are:
Trucking companies may need additional coverage to comply with regulations.
Though it's not required, personal vehicles driven for work purposes should be covered by hired and non-owned auto insurance (HNOA), as personal auto policies usually exclude business use. It can be added to commercial general liability insurance (CGL) or a business owner's policy (BOP).
Insureon's licensed agents can help you find policies that fulfill South Dakota's requirements and your business insurance needs. Once you've purchased insurance with us, you can download a certificate of insurance by logging into your account.
In South Dakota, insurance agencies, agents, and brokers are licensed by the Department of Labor's Division of Insurance. Insureon is licensed in South Dakota as BIN Insurance Holdings LLC (NPN 15752926) for property and casualty insurance (license number 10012461). You can verify our licensure with the Sircon Corp. Verification System by selecting South Dakota, agency, and then entering our state license number.