Commercial insurance options
Or, quote another product
Customizable coverage options for your business vehicles
Commercial insurance options
Or, quote another product
Many of South Dakota’s small businesses need commercial auto insurance to protect from accidents and mishaps that result from the use of their work vehicles. Personal policies typically won’t cover commercial vehicles because most are considered to have more risk than personal vehicles.
Over 750,000 small business owners across the nation trust us to protect their work vehicles and livelihoods. Each gets customized coverage to match their unique needs, whether they own a single produce truck in Aberdeen or several contractor trucks in Sioux Falls.
Vehicles driven by employees or used for business activities, such as visiting clients or making deliveries, usually need commercial auto insurance. Personal auto insurance typically doesn’t cover vehicles used for work purposes.More Info
Contractors need commercial auto coverage for things like transporting various tools and supplies and traveling between job sites. These are business-related activities that need the additional protection of a commercial policy.More Info
Food trucks and other food service businesses, like restaurants and ice cream vendors, depend on their commercial vehicles. Most food trucks have expensive equipment attached to them that a commercial auto policy can cover.More Info
Any vehicle used to transport people for a fee must be insured by a commercial auto policy. This includes taxis, limousines and non-emergency medical transportation (NEMT) vehicles. Some ridesharing vehicles might require commercial coverage.More Info
We’re the #1 truck insurer in the nationΔ, insuring everything from dump trucks to tractor trailers. Our network of truck repair shops and specialty claims services is accessible whether you’re driving locally or outside of South Dakota.More Info
We offer protection whether you own a wrecker, rollback or roadside repair vehicle. You can add specialty tow coverages like On-hook and Garagekeepers Legal Liability to protect you when a customer’s vehicle is in your possession.More Info
Several factors affect the cost of your South Dakota commercial auto policy, including your:
Some industries have more risk than others. An electrician who carries tools and equipment to various job sites every day can expect to pay more than an insurance agent who occasionally visits clients.
Your vehicle’s size and use affect your rate. A heavy dump truck used for transporting bulk dirt and gravel will likely have a higher premium than a small stake-body truck used on a ranch.
Your commercial auto insurance carrier will run a motor vehicle report on all drivers with access to your business vehicles. Drivers with accidents or violations on their driving record will usually cause your rate to increase. You can expect your insurance company to take the past three years of driving history into account.
It’s common to pay more for commercial auto coverage in a large city like Sioux Falls than in a smaller city like Yankton. Keep in mind, prices are usually higher in locations that experience more claims or more expensive settlements than other locations. Areas susceptible to weather-related events, such as tornadoes and floods, are also factors.
The distance you routinely travel can influence your commercial auto rate. A vehicle with a local route within Rapid City’s municipal limits is considered lower risk than a vehicle with a regional route that covers the entire Black Hills region.
The amount of coverage you need affects your premium. Policyholders with the South Dakota state minimum limits of 25/50/25 will pay less than a policyholder needing a combined single limit of $1M.
South Dakota’s state minimum liability limit 25/50/25 is called a split limit. It separates, or “splits,” the dollar amounts payable by your insurer for bodily injury and property damage into three groups. By choosing South Dakota’s state minimum limits, your policy will pay up to:
Learn more about liability coverage. Discover ways to save on your commercial auto insurance.
South Dakota state law requires all commercial auto policies to have a minimum liability limit of $25,000 per person, $50,000 per accident for bodily injury and $25,000 for property damage (i.e., 25/50/25). Some policies are required to carry higher limits based on the types of vehicles they insure.
Uninsured motorist (UM) and underinsured motorist (UIM) coverages are also required. UM protects if someone who doesn’t have insurance injuries you or if you’re involved in a hit-and-run accident. UIM protects if you’re injured in an accident by someone who doesn’t have enough liability coverage to pay for your medical expenses.
Browse more examples of professions we insure.
We’re the #1 commercial auto insurer* in the country, insuring over 1.6 million commercial vehicles. Here’s a few of the many reasons small business owners trust us:
We understand you might need help outside of regular business hours, whether you need to adjust your coverages, request an insurance certificate or pay a bill.
Our in-house adjusters specialize in handling commercial auto claims to help you get back on the road fast after an accident.
Save up to 15% by paying your policy in full, and take advantage of our other commercial discounts † to get the best rate for your South Dakota policy.
In addition to commercial auto insurance, we can help you find other business coverages, including general liability, professional liability, workers’ compensation and more.
We offer South Dakota commercial auto insurance statewide, including these major cities: