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Workers' comp cost calculator
Estimate what workers' compensation might cost your business per year. Enter your state, gross annual payroll and the kind of work your team does — no email, no sign-up.
Total wages before deductions, including overtime and bonuses.
Height, tools and heavy materials put these among the highest-rated classes.
$20,250 – $94,500
For $500,000 of construction trades payroll in California. That works out to roughly $1,688 – $7,875 per month.
This is an estimate, not a quote. Actual premium depends on your exact class codes, claims history, experience modification factor, payroll audit results and each carrier's appetite for your business. Ranges here are rough national illustrations adjusted by a broad state cost factor.
How workers' comp premium is built
Payroll by class code
Every job gets a classification with its own rate per $100 of payroll. Splitting clerical payroll out of field payroll correctly is often the single biggest lever on price.
Experience modification
Once you're large enough to be rated, your claims history becomes a multiplier. A mod below 1.0 earns credit; a mod above 1.0 is a surcharge on every dollar of payroll.
Carrier appetite
Two carriers can price the same risk very differently based on how much of your class they want. That spread is exactly why we shop each application to our full network.
Workers' comp cost FAQs
Ready to see your options?
One application. Up to 10 competing quotes. Answer a few questions and we will shop your business to our A-rated carrier network, then a licensed agent walks you through the options.