Workers’ compensation costs are based primarily on the number of employees you have, how much they are paid, the types of jobs they do, and your company's history of accidents and workers’ compensation claims.
The Pennsylvania Rating Bureau assigns every occupation a base rate for coverage according to the likelihood that an employee will be severely injured while doing it. Insurance companies are required to use these base rates, but they can make adjustments up to 25% through policy credits or debits.
The following are examples of workers' compensation cost ranges per $100 of employer payroll in Pennsylvania:
- Landscapers: $3.48 to $11.09
- Tree trimmers, removers, and pruners: $8.02 to $25.26
- Asphalt and paving workers: $4.66 to $14.85
- Roofing contractors: $11.36 to $36.20
- Retail store workers: $1.33 to $4.24
- Clerical/office employees: $0.08 to $0.25
- Restaurant workers: $0.96 to $3.06
Employers who have a solid history of employee safety will pay rates at the lower end. In comparison, those whose workers' injuries exceed industry expectations will pay rates at the higher end.
To determine how much workers’ compensation insurance will cost for your Pennsylvania business, you can consult a local independent agent.