Workers Compensation Calculator
Estimate workers compensation insurance premium by industry class, payroll, and experience modifier.
Estimated Annual Premium
$1,500.00
Monthly Cost
$125.00
Rate Per $100 Payroll
$0.30
Premium Calculation
| Annual Payroll | $500,000.00 |
| Base Rate (per $100) | $0.30 |
| Experience Modifier | 1.00 |
| Effective Rate (per $100) | $0.30 |
| Annual Premium | $1,500.00 |
| Monthly Cost | $125.00 |
Industry Comparison
| Industry | Rate/$100 | Est. Premium |
|---|---|---|
| Office / Clerical | $0.30 | $1,500.00 |
| Retail / Sales | $1.50 | $7,500.00 |
| Restaurant / Food Service | $2.00 | $10,000.00 |
| Manufacturing | $3.50 | $17,500.00 |
| Construction | $8.00 | $40,000.00 |
Base rates are approximate national averages. Actual rates vary significantly by state, specific class code, and insurer. Contact your insurance provider for exact quotes.
Use the Workers Compensation Calculator above to calculate your results. Enter your values and see instant results — all calculations run in your browser.
Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.
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