Question 1

How much does workers' comp cost for Elevator Service/Maintenance in Georgia?

Accepted Answer

The current rate for Elevator Service/Maintenance (Class Code 5162) in Georgia is $8.66 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $4330 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Georgia?

Accepted Answer

Yes, workers' compensation insurance is mandatory in Georgia for employers with 3 or more employees.

Question 3

How does Georgia's rate compare to other states?

Accepted Answer

Georgia's rate for Elevator Service/Maintenance is $8.66, which is $0.15 below the national average of $8.81 (-2%).

Question 4

What does class code 5162 cover?

Accepted Answer

Covers workers performing elevator and escalator service, maintenance, repair, and modernization.

State	Rate per $100	Difference
Georgia (current)	$8.66	—
Indiana	$6.44	-2.22
Texas	$6.77	-1.89
Virginia	$6.85	-1.81
Utah	$7.01	-1.65
Arkansas	$7.26	-1.40

Workers' Comp Rate for Elevator Service/Maintenance in Georgia (Class Code 5162)

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