South Dakota workers' compensation rates may be flat in 2023.

Workers' compensation rates in South Dakota are about 2% higher than the national average and they have remained stable for the past five years. This is good news for employers needing to buy workers' compensation coverage for employees. South Dakota ranks 25th in the country with regard to the average cost of workers comp coverage from highest to lowest.

South Dakota is an NCCI state like most other states. NCCI manages employers' experience modification rates and collects all data for the state including claims, class codes, premiums, and payroll. They analyze this data and make annual recommendations to carriers and to the ND Department of Insurance. Every Insurance company is required to file their rates with the state for approval each year.

Workers' compensation rates will vary for the same class codes in North Dakota because insurance companies can apply policy credits and debits up to 25% to adjust their filed rates. More discounts may also be added to a policy depending on the size of payroll and overall claims experience.

Don't pay too much for your workers' comp coverage. Our agents will find your best deal. Our technology tracks carrier rates by state and compares their pricing in real-time. Find out how knowledegeable agents, better advice and more options lead to lower rates and a better price.

Pay As You Go Workers Compensation Insurance Options.

Ask about our Pay As You Go plans designed to improve cashflow and bullet-proof your audits.

Find better workers' compensation insurance rates.

Workers Comp Rates are an Art & Science

What influences my workers comp insurance cost?

Your State & Class Codes

Insurance companies file their "base manual rates" for approval with each state for all class codes. Rate recommendations are generally made to the state and carriers annually by the National Council on Compensation Insurance.

Your Claims or Losses

Employee claims are reported to NCCI and statistically compared with all other similar type businesses using the same class code in each state. An Experience Modification Rate may apply to your business after a few years of coverage.

Prior Experience & Coverage

Insurance company underwriters are permitted to make premium rate adjustments based on unique factors about your business, safety practices, and management experience in most states.

Policy Credits and Debits

Insurance companies may apply policy credits and debits to the base manual rates. Additional discounts can be applied to premium as the total payroll & premium increases.

Smart Agents with expertise in workers' compensation insurance utilize this information to negotiate your insurance rates with underwriters. A good narrative about your business helps insurance companies justify a better price.

SD Rates for Select Work Comp Class Codes

Rates for State Class Codes. Select Codes Listed:

The workers' compensation rates listed below for South Dakota represent the current lowest and highest insurance rates we've found for 2023. South Dakota rates are managed by the SD Division of Labor and Management and the Division of Insurance. Insurance carriers are permitted to offer premium discounts and policy credits. We offer Pay As You Go workers' compensation in South Dakota. Not all employers will qualify for the lowest rates available or max policy credits. Compare your workers compensation rates with over 35 insurance carriers.

Class Code & Description Low Rate High Rate
0035 Farms-Planting & Harvesting-Cannabis Growers $1.81 $3.34
0042 Landscaping Service $3.05 $5.64
0106 Tree Trimming-Pruning-Removal $6.80 $12.57
0917 Residential Cleaning Service-Housekeepers $3.69 $6.82
2121 Breweries-Craft Beers $0.74 $1.37
2143 Winery-Wine Makers $1.46 $2.70
2585 Carpet Cleaning $2.35 $4.34
2589 Dry Cleaning & Laundry Services $1.49 $2.75
3632 Machine Shop $1.65 $3.05
3724 Garage Door Installation $2.24 $4.14
3821 Salvage Yard-Auto Recycling $3.48 $6.43
5022 Masonry Construction $5.56 $10.27
5102 Door & Window Installers $3.18 $5.88
5183 Plumbing Contractors $2.80 $5.17
5190 Electrical Work-Electrician $2.11 $3.90
5221 Concrete Work-Flat Work Cement $2.31 $4.27
5223 Pool Installation & Maintenance $3.77 $6.97
5348 Ceramic, Tile & Stone Work $2.69 $4.97
5437 Trim-Finish Carpenters-Cabinets-Countertops $3.44 $6.36
5445 Drywall Contractors $4.20 $7.76
5474 Painting Contractor $3.57 $6.60
5478 Floor Installers-Wood-Carpet-Laminate $2.41 $4.45
5535 Metal Building Construction $4.28 $7.91
5537 HVAC-Heating & Cooling Service/Repair $2.88 $5.32
5537* Solar Energy Contractors-Installation $2.88 $5.32
5551 Roofing Contractors $11.28 $20.85
5606 Asphalt & Paving Work $0.79 $1.46
5645 Residential Construction-Home Builders-Remodelers-Siding $7.09 $13.10
6217 Excavation & Grading Work $3.19 $5.90
6400 Fence Installation & Repair $4.05 $7.48
7219 Trucking-Short & Long Haul $4.91 $9.07
7225 Towing Company $4.30 $7.95
7230 Package & Parcel Delivery $4.47 $8.26
7370 Non-Emergency Medical Transport-Taxi-Limo-Airport Shuttle $2.42 $4.47
7605 Alarm Installation & Repair $1.49 $2.75
7720 Security Guards-Patrol Officers $1.82 $3.36
8006 Gas Stations & Convenience Stores $1.14 $2.11
8017 Retail Stores-Merchandise-Cannabis Dispensary $0.88 $1.63
8292 Warehousing & Storage Facility $1.99 $3.68
8380 Auto Service & Repair $1.62 $2.99
8393 Auto Body Repair $0.86 $1.59
8742 Sales Professional $0.34 $0.63
8810 Clerical-Office Employee $0.12 $0.22
8824 Retirement Living Centers-Congregate Communities $1.72 $3.18
8829 Nursing Home & Assisted Living Facilities $1.51 $2.79
8831 Animal Shelters & Kennels-Veterinarian $1.10 $2.03
8832 Medical Office-Doctor-Dentist-Chiropractor, Optometrist $0.18 $0.33
8835 Home Health Care $1.35 $2.49
8842 Group Homes-Temporary Shelters-Disability Facility $1.57 $2.90
8864 Social Service Organizations-Counseling-Family Services $1.02 $1.88
8868 Religous Organizations-Church-Temple $0.26 $0.48
8869 Child Care Centers-Daycare Providers $0.76 $1.40
9012 Property Management-Leasing Agent $0.94 $1.74
9014 Janitorial Service Contractors-Pest Control-Exterminating-Chimney $2.11 $3.90
9015 Building Maintenance-Campgrounds-Camps-RV Parks $3.08 $5.69
9052 Hotels & Motels $1.53 $2.63
9060 Golf Courses & Country Clubs $0.88 $1.63
9063 Ffitness Center-Health Clubs-YMCA Programs $0.68 $1.26
9082 Restaurants & Catering $0.87 $1.61
9083 Fast Food Restaurants-Concessions-Doughnut Shop $0.71 $1.31
9083* Mobile Food Trucks-Food Carts $0.71 $1.31
9084 Bars, Taverns & Nightclubs $1.02 $1.88
9102 Lawn Service & Maintenance $1.78 $3.29
9180 Shooting Range-Amusement Park $4.68 $8.65
9402 Septic Tank Cleaning-Portable Toilets $3.11 $5.75
9403 Refuse Collection-Garbage-Trash Service $5.30 $9.79
9516 Electrical Equipment Repair & Service $2.41 $4.45

South Dakota workers' comp rates vary by industry classification codes and insurance company underwriting standards. Employers' who have an Experience Modification Rating (EMR Rating) assigned to their business may have additional credits or debits applied to their insurance rates based on prior premiums and workers' compensation losses. NCCI administers all Assigned Risk coverage in the state.


State Resources for South Dakota

South Dakota Department of Commerce

Division of Insurance
445 E Capital Dry
Pierre, SD 57501
605-773-3563
http://dlr.sd.gov/insurance/

SD Division of Labor

Kneip Building
700 Governors Drive
Pierre, SD 57501-2291
605-773-3681
http://dlr.sd.gov/workerscomp/

South Dakota is under the Jurisdiction of the National Council for Compensation Insurance (NCCI) and contracts with Travelers as the state fund carrier.

Our agency helps employers find guaranteed state fund workers' comp in SD. If we can't find more affordable coverage with a private insurance company, we can help you buy a state fund policy.

Find Lower Workers Compensation Insurance Rates
Let's Compare Rates
Get a free insurance comparison today and see if your business qualifies for lower workers' compensation insurance rates. Our highly skilled Agents know how to shop your coverage.
Better Business Bureau best rated insurance broker.

QUALIFY FOR LOWER WORKERS' COMPENSATION RATES.

Lower workers comp rates.

New Business or Lapse in Coverage?
NO PROBLEM, WE CAN HELP.

We've developed exclusive relationships with our insurance companies to provide accurate and bindable workers' comp quotes in no time at all.
  • Lowest workers compensation insurance rates   Start your quote online or call us at 888-611-7467
  • Lowest workers compensation insurance rates   We match you with the right insurance companies
  • Lowest workers compensation insurance rates   You get the very best price on workers' comp coverage

No Money Down

National access to Pay As You Go Workers' Compensation. Reduce the cost of getting started and pay premium based on actual wages.

Tough Class Codes

Get quotes for the toughest NCCI class codes and higher experience modifiers with partners that specialize in high hazard industries.
Trusted Choice- Independent Insurance Agents Association.


Easy Payment Plans

Enjoy special terms with partners offering more flexible payment options like 12 equal installment plans and monthly reporting.

Quick & Accurate

Get a quick and detailed snapshot of what your coverage would cost based on optional coverage limits and exclusions.

Ready to Start Your Quote?

Don't settle for cookie-cutter rates

Have an Agent Contact Me
  • Secure
  • Fast
  • Easy

*Required

Talk With a Work Comp Specialist
  • Free Consultation
  • No Obligation

1-888-611-7467


Start Your Quote Online Now
  • Shop Like a Pro

Start a Quote
Visit NCCI for more resources and information about workers' compensation class codes. Visit United States Department of Labor for more information about government agencies managing workers compensation insurance rates.

Copyright 2024 Workers Compensation Shop.com. All rights reserved.
California DBA: I-Shop Online Insurance Agency.
Top rated insurance agency- BBB. Pay for workers comp insurance with a credit card. Workers Compensation Shop on Facebook. Workers Compensation Shop on LinkedIn. Workers Compensation Shop on Twitter.