How much does property manager insurance cost in South Dakota? (2026)
Property Manager insurance pricing in South Dakota is shaped by the same state-specific bureau loss-cost filings that govern every commercial policy issued in South Dakota. Below: the most-recent South Dakota filings affecting property manager operations, cited to the regulator or bureau filings they came from — primary-source, government-held pricing records. Read the full national context on the Property Manager cost guide.
Recent rate-filing activity — 2 state filings across 1 commercial line
Commercial carriers can't charge whatever they want — each state's Department of Insurance must approve loss-cost filings before they take effect. These are primary-source, government-held records available on SERFF Filing Access. Cited below: the most-recent active filings affecting property manager operations, each cited to the regulator or bureau filing it came from.
| Line | State | Overall change | Effective | Filing |
|---|---|---|---|---|
| WC | SD | LCM applied to NCCI loss cost — TIERED by underwriting category | Jul 1, 2025 | Filing #SD-DOI-TRAVELERS-CIA-LCM-2025 |
| WC | SD | LCM multiplier applied to NCCI advisory loss cost | Jul 1, 2022 | Filing #SD-DOI-HARTFORD-UND-LCM-2022 |
Source: SERFF Filing Access (filingaccess.serff.com) — the official public-records interface for state Department of Insurance filings. Loss-cost changes shown are the overall bureau-wide change in each state; the actual impact on your quote depends on your class code, payroll, experience modifier, and carrier-specific loss-cost multiplier (LCM). Get a quote for your exact numbers.
National context — Property Manager insurance overview
A property manager's biggest exposure is not a slip-and-fall — it is a management decision. Fair-housing discrimination claims, wrongful evictions, and failure-to-maintain disputes are professional-service claims that general liability does not answer; errors & omissions (professional liability) does. The trap: E&O policies often sublimit fair-housing/discrimination claims well below a real settlement, so the limit matters as much as the coverage. Our own quote data shows these firms request general liability first — the page's job is to add E&O and check the discrimination sublimit.
As an industry-typical estimate, a property-management firm runs roughly $1,500–$6,000+/year across errors & omissions, general liability, directors & officers (for association management), and payroll-rated workers' compensation. No insurance bureau publishes property-manager premiums, so every dollar here is an estimate; each coverage fact is sourced to a named authority (III). Use the calculator below, then get a real quote in 5 minutes.
Industry-typical market ranges (national)
Sourced from III, NCCI, ISO, NAIC, BLS, FMCSA, FDA, NRA — government and bureau publications, not from our quote form
Coverage lines a property-management firm typically carries (industry-typical estimates):
- Errors & omissions (professional liability): the trade-defining line — defends fair-housing discrimination, wrongful-eviction, and failure-to-maintain claims GL will not; watch the discrimination sublimit. III professional liability.
- Directors & officers: board/association management decisions — not covered by E&O or GL. III commercial general liability.
- General liability: third-party bodily injury and property damage at managed premises. III commercial auto.
- Workers' compensation: required in most states once the firm hires. III workers comp.
Units under management, association vs. rental mix, and eviction/discrimination exposure are primary rating factors.
For South Dakota-specific direction, see the filed-rate table above.
Get your actual South Dakota quote in 5 minutes
The data above is regulator-filed direction. Your actual South Dakota quote depends on class code, payroll, experience modifier, and the LCM each carrier files.
Get a free South Dakota quote → 📞 Call 1-833-505-2594More South Dakota rate-filing detail
- All South Dakota commercial rate filings (every line, every recent filing) — the broader rate-data view for South Dakota
- Rate filings by state — directory of all 47+ states with active filings
- National Rate Change Tracker — every filing across every state, sortable
Get a real South Dakota quote for property manager
The data above shows the regulator-filed direction for South Dakota. For your actual quote — based on payroll, experience modifier, and the LCM each carrier files — request a free quote in under 90 seconds.
Get a free South Dakota quote →Related guides
Sources cited (national context above)
- Professional Liability Insurance — Insurance Information Institute (III), 2024
- Commercial General Liability Insurance — Insurance Information Institute (III), 2024
- Commercial Auto Insurance — Insurance Information Institute (III), 2024
- Workers Compensation Insurance — Insurance Information Institute (III), 2024