Question 1

How much does workers' comp cost for Carpentry - Framing in Colorado?

Accepted Answer

The current rate for Carpentry - Framing (Class Code 5437) in Colorado is $12.68 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $6340 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Colorado?

Accepted Answer

Yes, workers' compensation insurance is mandatory in Colorado for all employers with at least one employee.

Question 3

How does Colorado's rate compare to other states?

Accepted Answer

Colorado's rate for Carpentry - Framing is $12.68, which is $2.53 below the national average of $15.21 (-17%).

Question 4

What does class code 5437 cover?

Accepted Answer

Covers carpenters specializing in structural framing of residential and commercial buildings.

State	Rate per $100	Difference
Colorado (current)	$12.68	—
Indiana	$11.12	-1.56
Texas	$11.68	-1.00
Virginia	$11.83	-0.85
Utah	$12.11	-0.57
Arkansas	$12.54	-0.14

Workers' Comp Rate for Carpentry - Framing in Colorado (Class Code 5437)

Get a Custom Quote for Carpentry - Framing in Colorado

Compare: Carpentry - Framing Rates in Other States

Get an Exact Quote for Your Business in Colorado

Related Class Codes in Colorado

Frequently Asked Questions

Ready to Get Covered?