Life-event checklist
Insurance checklist for hiring your first employee
Your first hire changes your insurance in ways that are easy to miss. Set this up before their first day.
Your checklist
Set up workers' compensation
South Dakota generally requires employers with employees to carry it, with some exemptions. Confirm before the first day.
Ask about employees driving
If employees drive company vehicles or their own cars for work, commercial auto and hired and non-owned auto may apply.
Estimate payroll accurately
Workers' comp is usually priced on payroll and audited after the policy ends.
Update your other policies
Tell your general liability insurer and check whether employees change your classification.
Questions to ask your agent
Bring these to your review
- Am I required to carry workers' compensation, and when does it need to start?
- Do I need hired and non-owned auto?
- How will my payroll audit work?
Questions
Understand the coverage
- Workers' Compensation InsuranceMedical costs and lost wages for employees hurt on the job.Learn more
- Commercial Auto InsuranceTrucks, vans, and trailers used for work, and the drivers who use them.Learn more
- General Liability InsuranceInjuries and property damage you cause to others, and the lawsuits that follow.Learn more
Talk it through with a licensed agent.
Bring this checklist to a free, no-obligation review, or upload your current policies first so the agent can see what you have.