Workers' Compensation Insurance for Real Estate & Property
Workers' compensation for property management companies, building owners, and real estate operations. Employees performing building maintenance, janitorial duties, and minor repairs face moderate risks from ladders, cleaning chemicals, and equipment. Rates generally fall between $1.50 and $4.00 per $100 of payroll.
Industry Average Rate: $2.45 per $100 of payroll
Class Codes in Real Estate & Property
Covers building operation employees including maintenance workers, custodians, and property managers.
$3.32
nat'l avg / $100
Covers property managers, leasing agents, clerical staff, and salespersons for owners, lessees, or real estate management firms engaged in building or property management operations.
$0.80
nat'l avg / $100
Covers real estate agents, brokers, and office staff performing property sales and management services.
$1.29
nat'l avg / $100
Covers employees of housing authorities managing public housing, Section 8 programs, and affordable housing initiatives.
$1.61
nat'l avg / $100
Rate Comparison by State
| State | 9015 | 9012 | 8856 | 9033 |
|---|---|---|---|---|
| Indiana | $2.42 | $0.59 | $0.94 | $1.17 |
| Texas | $2.45 | $0.59 | $0.95 | $1.18 |
| Virginia | $2.57 | $0.62 | $1.00 | $1.24 |
| Utah | $2.64 | $0.64 | $1.02 | $1.27 |
| Arkansas | $2.73 | $0.66 | $1.06 | $1.32 |
| Colorado | $2.76 | $0.67 | $1.07 | $1.34 |
| Tennessee | $2.82 | $0.68 | $1.09 | $1.37 |
| Arizona | $2.85 | $0.69 | $1.10 | $1.38 |
| South Dakota | $2.88 | $0.70 | $1.12 | $1.40 |
| Nebraska | $2.91 | $0.71 | $1.13 | $1.41 |
| North Carolina | $2.91 | $0.71 | $1.13 | $1.41 |
| Idaho | $2.95 | $0.71 | $1.14 | $1.42 |
| Kansas | $2.98 | $0.72 | $1.15 | $1.44 |
| Mississippi | $3.01 | $0.73 | $1.16 | $1.46 |
| New Mexico | $3.04 | $0.74 | $1.18 | $1.47 |
| South Carolina | $3.07 | $0.74 | $1.19 | $1.49 |
| Kentucky | $3.10 | $0.75 | $1.20 | $1.50 |
| Iowa | $3.16 | $0.77 | $1.22 | $1.53 |
| Missouri | $3.19 | $0.77 | $1.24 | $1.55 |
| Nevada | $3.22 | $0.78 | $1.25 | $1.56 |
| Georgia | $3.26 | $0.79 | $1.26 | $1.58 |
| Maryland | $3.26 | $0.79 | $1.26 | $1.58 |
| Oregon | $3.29 | $0.80 | $1.27 | $1.59 |
| West Virginia | $3.32 | $0.80 | $1.28 | $1.61 |
| Alabama | $3.35 | $0.81 | $1.30 | $1.62 |
| Minnesota | $3.35 | $0.81 | $1.30 | $1.62 |
| New Hampshire | $3.35 | $0.81 | $1.30 | $1.62 |
| Delaware | $3.41 | $0.83 | $1.32 | $1.65 |
| Maine | $3.41 | $0.83 | $1.32 | $1.65 |
| Wisconsin | $3.41 | $0.83 | $1.32 | $1.65 |
| Michigan | $3.47 | $0.84 | $1.34 | $1.68 |
| Vermont | $3.47 | $0.84 | $1.34 | $1.68 |
| Rhode Island | $3.53 | $0.86 | $1.37 | $1.71 |
| Florida | $3.57 | $0.86 | $1.38 | $1.73 |
| Montana | $3.57 | $0.86 | $1.38 | $1.73 |
| District of Columbia | $3.66 | $0.89 | $1.42 | $1.77 |
| Massachusetts | $3.66 | $0.89 | $1.42 | $1.77 |
| Oklahoma | $3.66 | $0.89 | $1.42 | $1.77 |
| Illinois | $3.72 | $0.90 | $1.44 | $1.80 |
| Connecticut | $3.78 | $0.92 | $1.46 | $1.83 |
| Louisiana | $3.88 | $0.94 | $1.50 | $1.88 |
| Hawaii | $3.97 | $0.96 | $1.54 | $1.92 |
| Pennsylvania | $3.97 | $0.96 | $1.54 | $1.92 |
| New Jersey | $4.03 | $0.98 | $1.56 | $1.95 |
| California | $4.19 | $1.01 | $1.62 | $2.03 |
| Alaska | $4.40 | $1.07 | $1.70 | $2.13 |
| New York | $4.50 | $1.09 | $1.74 | $2.17 |
Get a Workers' Comp Quote for Your Real Estate & Property Business
Compare quotes from carriers that specialize in real estate & property.
Get Quote