Question 1

How much does workers' comp cost for Drilling NOC in Colorado?

Accepted Answer

The current rate for Drilling NOC (Class Code 5152) in Colorado is $12.02 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $6010 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 Drilling NOC is $12.02, which is $2.39 below the national average of $14.41 (-17%).

Question 4

What does class code 5152 cover?

Accepted Answer

Covers workers performing drilling operations not otherwise classified including water well drilling and geotechnical boring.

State	Rate per $100	Difference
Colorado (current)	$12.02	—
Indiana	$10.53	-1.49
Texas	$11.07	-0.95
Virginia	$11.21	-0.81
Utah	$11.48	-0.54
Arkansas	$11.88	-0.14

Workers' Comp Rate for Drilling NOC in Colorado (Class Code 5152)

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