No employers are required to carry workers’ compensation insurance in South Dakota, according to the South Dakota Department of Labor & Regulation. Businesses that voluntarily choose to carry workers’ comp insurance must provide medical and disability benefits to their employees.
Though workers’ comp is not required, the state highly recommends this insurance for businesses with employees. With coverage, employers provide protection for employees who are injured on the job, and also limit the financial risk to their business.
If an employee gets hurt at work, a South Dakota workers’ comp policy could help pay for:
Without workers’ comp insurance, an employer could be sued in civil court by an injured worker.
A South Dakota workers’ comp policy covers medical care for employees who get injured on the job, including:
If an injury causes a serious impairment and/or affects the employee’s ability to work, South Dakota’s workers’ compensation income benefit options include:
Temporary partial disability. An employee is able to return to work but can’t work the same number of pre-injury hours.
Temporary total disability. An employee has to miss work for seven consecutive days or more due to their injury.
Permanent partial disability. An employee suffers an impairment of certain body parts, with benefits corresponding to a level of impairment determined by a medical practitioner.
Permanent total disability. An employee suffers a total disability due to their injury and is entitled to receive weekly benefits for life.
Death benefits in South Dakota include compensation for dependents and/or family members when an employee dies as the result of an injury.
Any South Dakota employer who chooses to carry workers’ comp insurance must submit a First Report of Injury form to their insurance carrier within seven days of written notice of an employee injury.
Additionally, employers are required to post information encouraging safety in the workplace.
Workers’ compensation costs vary across industries. Factors that influence price include:
The best way to determine the insurance rate for your business is to get a free instant quote from NEXT.
Employers who fail to report work-related injuries to their insurance carrier within seven days using a First Report of Injury form may be charged with a Class 2 misdemeanor and could be subject to a $100 civil penalty.
South Dakota does not require business owners to carry workers’ compensation insurance for themselves. However, some choose to maintain this coverage to minimize their financial risk.
Those who work for a governmental agency may participate in the state’s worker’s compensation system as sole proprietors.
If an employer wants to self-insure their company for workers’ comp, they must apply to the South Dakota Department Of Labor And Regulation’s Division Of Labor And Management.
NEXT strives to resolve every claim quickly. Learn more about our claims process and how our claims advocates will work with you after an employee injury.
Start a free instant quote with NEXT.
General liability insurance protects your business from common mistakes or accidents, such as customer injury or damages to someone’s property.
In South Dakota, all business-owned vehicles must be covered by commercial auto insurance. If you drive or use your personal vehicle for work, commercial auto insurance helps protect your business from accidents.
Commercial property insurance can provide financial help if your business structures, goods, gear or inventory are damaged or destroyed by a covered event.
Learn more about workers’ compensation insurance options in the state where you work.
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