Choose The Hartford for Your South Dakota Business Insurance Needs
South Dakota, the Mount Rushmore State, is home to over 85,000 small businesses, making up 99% of all the companies in the state.1
If you own one of these small businesses, it’s important to find insurance carriers you can rely on. At The Hartford, we’ve been providing seguro de negocio
to small businesses for over 200 years. We’re here to help protect South Dakota companies throughout the state – from Sioux Falls to Pierre to Rapid City and everywhere in between.
Types of South Dakota Business Insurance Offered
South Dakota Business Owner’s Policy Insurance
Un Póliza para propietarios de empresas
(BOP) combines your business property and business liability insurance into one. You can also customize your BOP by adding additional coverages like:
- Commercial umbrella insurance
- Professional liability insurance
- Data breach insurance
Your BOP can protect your South Dakota business from damage caused by covered events, like property damage from fire or theft. BOPs can also help cover claims for advertising or personal injury and bodily harm.
Consider getting a BOP if:
- Your business has assets that may be stolen or damaged like tools, furniture, digital hardware or even customer data.
- Someone could get hurt at your office and sue your business.
- Your business has a physical location, such as a rented or owned space, or a home office.
Getting a BOP is easy for small business owners. Obtenga una cotización hoy
and find out how you can start protecting your business.
South Dakota Professional Liability Insurance
For instance, if you accidentally delete a client’s wedding photos or your employee makes a clerical error that costs your client thousands of dollars, this coverage can help. These situations often have costly legal defense fees that professional liability coverage can help pay for.
Many types of businesses benefit from professional liability coverage, such as:
- Real estate agents
- Home inspectors
- Tax preparers
South Dakota Data Breach Insurance
Data breach insurance
is essential for restoring customer confidence in your business after a cyber-attack or data breach. It can help cover the costs associated with breaches, including:
- Legal fees
- Las relaciones públicas
- Identity protection solutions
We offer services at The Hartford to help you plan for data breaches and ensure you have the proper security measures in place before an incident occurs. But if there is a breach, the best way to keep your business safe is to respond quickly. This eases the impact on your employees, customers and business. Our representatives can help you navigate the laws if a cyber-attack occurs.
South Dakota Workers’ Compensation Insurance
- Atención médica
- Missed wages
- Funeral expenses
This insurance can help if you have an employee who:
- Injures their back setting up a new desk and needs weeks of physical therapy.
- Trips on the carpet, breaks their ankle and has to go to the emergency room.
- Gets injured in a car accident while delivering packages for work and needs surgery.
If your injured worker or their family sues you, workers’ compensation can also help cover your legal fees.
Unlike other states, there is no law in South Dakota that you have to carry this coverage, but it is highly recommended. Without workers’ comp insurance, your employees can sue you if they have a work-related injury.2
South Dakota Minimum Business Insurance Requirements
You can also check your insurance coverages with the National Association of Insurance Commissioners. This commission regulates state insurance standards. So, if you’re not sure if your new liability policy has enough coverage, you can check with them.
Additional South Dakota Business Insurance Links
You can learn more about small business insurance by working with an independent agency or a larger insurance company, like us. Get a quote
today to make sure your business has the protection it needs.
1 “2018 Small Business Profile,” U.S. Small Business Administration Office of Advocacy.”