Retail Insurance in South Dakota
Keep your inventory protected — at home and at your warehouse.
Choose your primary coverage to get started:
Retail insurance can help protect you from:
Theft and vandalism
Your business has broken windows, a broken door and inventory was stolen. You need to replace and repair — fast.
Fire and wind
Broken pipes and flames can severely damage business furniture and fixtures. You need help to open your doors.
Lost business income
When you need to close for repairs after a covered event, insurance can help cover your financial losses.
Destroyed products or inventory
If your products or inventory get wiped out, the right coverage can help make you whole.
Retail store insurance that's made for your South Dakota business
We’re dedicated to helping you get the retail store insurance coverage you need to protect your business from accidents, injuries, property damage and legal fees. Popular insurance bundles for retail store business in South Dakota include:
- General liability
- Professional liability
- Commercial property
You can save up to 25% on retail store business insurance in South Dakota*
You can pay for your insurance monthly or annually and you can cancel instantly at any time.
Basic
Lowest Price
General Liability
Per occurrence
$500,000
Professional Liability (E&O)
Per occurrence
$1 million
Commercial Property
Per occurrence
$25,000
Pro
Most Popular
General Liability
Per occurrence
$1 million
Professional Liability (E&O)
Per occurrence
$1 million
Commercial Property
Per occurrence
$25,000
Pro Plus
Best Coverage
General Liability
Per occurrence
$1 million
Professional Liability (E&O)
Per occurrence
$1 million
Commercial Property
Per occurrence
$25,000
We specialize in providing the right type of retail store insurance for small businesses in South Dakota
NEXT is made for entrepreneurs, hustlers and retail store business owners in South Dakota who like to stay covered and save money.
General Liability
Our general liability coverage meets Amazon’s insurance requirements
General liability insurance covers a wide range of retail store business accidents and basic risks. You’ll have financial protection if someone other than an employee gets hurt or you are held responsible for damaging property that doesn’t belong to you. It’s often required by clients and licensing agencies.
general liability can help you pay for:
Medical payments
Property damage
Legal fees and judgments
Professional Liability (E&O)
Coverage against business mistakes and claims of negligence
Professional liability insurance can help you move on quickly if a customer claims you made a mistake — whether you did or not. It help you avoid customer confrontations and protect your retail store business reputation.
professional liability can help you pay for:
Professional negligence (actual or alleged)
Legal defense costs
Legal judgments
Commercial Property
For business owners who own or rent physical spaces
Commercial property coverage helps protect almost all of the physical items you need to run your retail store business, including your equipment, inventory and furniture. And the business income coverage in your property insurance could help cover the revenue you would have earned after an unforeseen flooding, as well as ongoing business expenses while you are closed.
commercial property can help you pay for:
Damaged equipment and inventory
Lost income
Operating expenses
How much does retail store insurance in South Dakota cost?
Retail store insurance costs vary based on the risks that your business faces, such as:
- Where you work
- The kind of work you do
- Your payroll and the kinds of jobs your employees do
- The number and types of vehicles you use at work
Retail store business in South Dakota typically pays about $18 each month for a business insurance policy.†
You can save up to 25% in discounts, depending on the kind of work you do. More risky professions can expect to pay more.
Why does a retail store in South Dakota need business insurance?
A retail store business in South Dakota needs insurance to help stay protected from financial losses after an accident. It can also offer protection from costs related to business disagreements, and it can help you qualify for licenses. You might need insurance to:
- Align with industry standards and state requirements for a retail store business.
- Change with your business as you experience fluctuations.
- Hire employees. Most states require workers’ compensation.
- Drive for business purposes. Business-owned vehicles typically need commercial auto insurance.
- Repair or replace property you own or rent. Protect your inventory, equipment and even the building that you lease or own.
Frequently asked questions about retail store business insurance
Here are some of the most common questions we get about retail store business insurance. If you don’t find the answers you need here, our licensed, U.S.-based insurance advisors are standing by to help via online chat or phone.
Does NEXT Insurance offer retail store business insurance in South Dakota?
Yes, NEXT Insurance offers tailored retail store business insurance in South Dakota.
Does NEXT Insurance offer General Liability coverage for retail store business in South Dakota?
Yes, NEXT Insurance offers General Liability, Professional Liability, Commercial Property coverage for retail store business in South Dakota.
What are some examples of types of business insurance protection for retail shops?
NEXT’s retail shop policies can help protect your business from a variety of risks and financial losses related to:
Damage to someone else’s property
The paint you sell on Amazon explodes in a customer’s bedroom, ruining the carpet and drapes. Your general liability policy could help pay for the damages.**Accidents that hurt someone
A customer falls and breaks their arm inside your retail store. Your general liability coverage or BOP insurance could help pay for medical costs and legal fees.Damage to your own property and inventory
Vandals tag your storefront, break a window and steal some business laptops and products. Commercial property insurance could help with replacement or repair.Accidents involving your business vehicles
You have a fender bender on the way to a client’s office. Commercial auto insurance could help pay for the damages.Workplace illness or injuries
Your employee falls off a step stool and twists an ankle — and now you’re down a worker for several weeks. Workers’ compensation insurance can help cover medical bills and lost wages.How can I get a certificate of insurance (COI)?
Once you have a NEXT policy, you’ll have 24/7 access to proof of your insurance (also called a certificate of insurance, or COI) via web or app. Log in to your account, download your COI instantly or deliver it via email or text at no additional cost. Get unlimited certificates and add an additional insured as you need them.
What do I need to get an insurance quote online?
It takes about 10 minutes to get a business insurance quote online with NEXT. We’ll ask a few questions about your business — like what you do, your location, how many people you employ and the vehicles you use for work.
You’ll choose your options and see prices. If you like what you see, you can buy online and get a certificate of insurance (proof of insurance) on the spot.
How do you file an insurance claim with NEXT?
If you’re a policyholder, simply log in to your account and file a claim. We’ll contact you shortly to go over the details. Our support team is standing by to help.
Get customized insurance wherever you do business
Learn more about insurance options in the states where you work.
Coverage on-the-go for policyholders
Manage your policies, send and create certificates of insurance, or file a claim with our app.
More professions that are covered by NEXT
Amazon Seller, Arts and Crafts Store, Bike Shop, Bookstore, Candle Store, Candy Store, Clothing Store, Convenience Store, E-commerce, Electronics Store, Fabric Store, Florist, Furniture Store, Hardware Store, Jewelry Store, Laundromat, Luggage Store, Medical Supplies Store, Pawn Shop, Retail Store, Toy Store
* To the extent permitted by law, applicants are individually underwritten, not all applicants may qualify. Individual rates and savings vary and are subject to change. Discounts and savings are available where state laws and regulations allow, and may vary by state. Certain discounts apply to specific coverages only.