Question 1

How much does workers' comp cost for Iron or Steel Erection - Structural in Colorado?

Accepted Answer

The current rate for Iron or Steel Erection - Structural (Class Code 5102) in Colorado is $16.47 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $8235 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 Iron or Steel Erection - Structural is $16.47, which is $3.28 below the national average of $19.75 (-17%).

Question 4

What does class code 5102 cover?

Accepted Answer

Covers ironworkers erecting structural steel for buildings, bridges, and other structures.

State	Rate per $100	Difference
Colorado (current)	$16.47	—
Indiana	$14.43	-2.04
Texas	$15.17	-1.30
Virginia	$15.35	-1.12
Utah	$15.73	-0.74
Arkansas	$16.28	-0.19

Workers' Comp Rate for Iron or Steel Erection - Structural in Colorado (Class Code 5102)

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