Question 1

How much does workers' comp cost for Taxi/Rideshare in South Dakota?

Accepted Answer

The current rate for Taxi/Rideshare (Class Code 7370) in South Dakota is $6.28 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $3140 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 Taxi/Rideshare is $6.28, which is $0.93 below the national average of $7.21 (-13%).

Question 4

What does class code 7370 cover?

Accepted Answer

Covers drivers and operators of taxi and rideshare services providing passenger transportation.

State	Rate per $100	Difference
South Dakota (current)	$6.28	—
Indiana	$5.27	-1.01
Texas	$5.53	-0.75
Virginia	$5.60	-0.68
Utah	$5.74	-0.54
Arkansas	$5.94	-0.34

Workers' Comp Rate for Taxi/Rideshare in South Dakota (Class Code 7370)

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