Question 1

How much does workers' comp cost for Moving Company - Local in South Dakota?

Accepted Answer

The current rate for Moving Company - Local (Class Code 9554) in South Dakota is $7.67 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $3835 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 Moving Company - Local is $7.67, which is $1.14 below the national average of $8.81 (-13%).

Question 4

What does class code 9554 cover?

Accepted Answer

Covers workers performing local residential and commercial moving services including packing, loading, and delivery.

State	Rate per $100	Difference
South Dakota (current)	$7.67	—
Indiana	$6.44	-1.23
Texas	$6.77	-0.90
Virginia	$6.85	-0.82
Utah	$7.01	-0.66
Arkansas	$7.26	-0.41

Workers' Comp Rate for Moving Company - Local in South Dakota (Class Code 9554)

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