Question 1

How much does workers' comp cost for Store - Furniture in Arkansas?

Accepted Answer

The current rate for Store - Furniture (Class Code 8021) in Arkansas is $2.20 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $1100 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Arkansas?

Accepted Answer

Yes, workers' compensation insurance is mandatory in Arkansas for employers with 3 or more employees.

Question 3

How does Arkansas's rate compare to other states?

Accepted Answer

Arkansas's rate for Store - Furniture is $2.20, which is $0.47 below the national average of $2.67 (-18%).

Question 4

What does class code 8021 cover?

Accepted Answer

Covers employees of furniture retail stores selling and delivering residential and office furniture.

State	Rate per $100	Difference
Arkansas (current)	$2.20	—
Indiana	$1.95	-0.25
Texas	$2.05	-0.15
Virginia	$2.07	-0.13
Utah	$2.13	-0.07
Colorado	$2.23	+0.03

Workers' Comp Rate for Store - Furniture in Arkansas (Class Code 8021)

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