Question 1

How much does workers' comp cost for Home for Aged - All in Colorado?

Accepted Answer

The current rate for Home for Aged - All (Class Code 8851) in Colorado is $4.67 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $2335 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 Home for Aged - All is $4.67, which is $0.94 below the national average of $5.61 (-17%).

Question 4

What does class code 8851 cover?

Accepted Answer

Covers all employees of residential care facilities for elderly residents including caregivers and support staff.

State	Rate per $100	Difference
Colorado (current)	$4.67	—
Indiana	$4.10	-0.57
Texas	$4.31	-0.36
Virginia	$4.36	-0.31
Utah	$4.46	-0.21
Arkansas	$4.62	-0.05

Workers' Comp Rate for Home for Aged - All in Colorado (Class Code 8851)

Get a Custom Quote for Home for Aged - All in Colorado

Compare: Home for Aged - All 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?