South Dakota General Liability Insurance Profitability (2023)

In 2023, General Liability insurers earned $204.3M in premiums in South Dakota and ran a 50.5% loss ratio — the 42nd-highest of 51 states (one of the lowest loss ratio for the line).

Source: NAIC 2023 Report on Profitability by Line by State. Loss ratio = incurred losses ÷ premiums earned.

South Dakota loss ratio

50.5%

9.7% below national

Premiums earned

$204.3M

Underwriting profit

11.8%

Nationally, General Liability ran a 60.2% loss ratio in 2023, so South Dakota is below the national average. See how every state compares on the General Liability market page.

Getting General Liability coverage in South Dakota

See recent South Dakota rate filings on the South Dakota rate page, learn how General Liability works in our General Liability guide, then compare real quotes for your business.

Compare South Dakota General Liability Quotes →

Data: NAIC 2023 Report on Profitability by Line by State (public). See our data methodology. Figures are industry aggregates, not a quote.