Question 1

How much does workers' comp cost for Siding Installation in Colorado?

Accepted Answer

The current rate for Siding Installation (Class Code 5119) in Colorado is $6.68 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $3340 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 Siding Installation is $6.68, which is $1.33 below the national average of $8.01 (-17%).

Question 4

What does class code 5119 cover?

Accepted Answer

Covers workers installing exterior siding materials including vinyl, fiber cement, wood, and composite siding.

State	Rate per $100	Difference
Colorado (current)	$6.68	—
Indiana	$5.85	-0.83
Texas	$6.15	-0.53
Virginia	$6.23	-0.45
Utah	$6.38	-0.30
Arkansas	$6.60	-0.08

Workers' Comp Rate for Siding Installation in Colorado (Class Code 5119)

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