Question 1

How much does workers' comp cost for Shoe Store in Colorado?

Accepted Answer

The current rate for Shoe Store (Class Code 8090) in Colorado is $0.49 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $245 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 Shoe Store is $0.49, which is $0.10 below the national average of $0.59 (-17%).

Question 4

What does class code 8090 cover?

Accepted Answer

Covers employees of shoe stores selling footwear and shoe accessories to retail customers.

State	Rate per $100	Difference
Colorado (current)	$0.49	—
Indiana	$0.43	-0.06
Texas	$0.45	-0.04
Virginia	$0.46	-0.03
Utah	$0.47	-0.02
Arkansas	$0.48	-0.01

Workers' Comp Rate for Shoe Store in Colorado (Class Code 8090)

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