Question 1

How much does workers' comp cost for Marine Transportation in South Dakota?

Accepted Answer

The current rate for Marine Transportation (Class Code 7327) in South Dakota is $11.63 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $5815 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in South Dakota?

Accepted Answer

Yes, workers' compensation insurance is mandatory in South Dakota for all employers with at least one employee.

Question 3

How does South Dakota's rate compare to other states?

Accepted Answer

South Dakota's rate for Marine Transportation is $11.63, which is $1.71 below the national average of $13.34 (-13%).

Question 4

What does class code 7327 cover?

Accepted Answer

Covers workers operating marine vessels for passenger and cargo transportation on waterways.

State	Rate per $100	Difference
South Dakota (current)	$11.63	—
Indiana	$9.75	-1.88
Texas	$10.25	-1.38
Virginia	$10.38	-1.25
Utah	$10.63	-1.00
Arkansas	$11.00	-0.63

Workers' Comp Rate for Marine Transportation in South Dakota (Class Code 7327)

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