Question 1

How much does workers' comp cost for Grain Elevator in Georgia?

Accepted Answer

The current rate for Grain Elevator (Class Code 8304) in Georgia is $7.35 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $3675 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 Grain Elevator is $7.35, which is $0.12 below the national average of $7.47 (-2%).

Question 4

What does class code 8304 cover?

Accepted Answer

Covers workers at grain elevator facilities receiving, storing, and distributing grain and agricultural commodities.

State	Rate per $100	Difference
Georgia (current)	$7.35	—
Indiana	$5.46	-1.89
Texas	$5.74	-1.61
Virginia	$5.81	-1.54
Utah	$5.95	-1.40
Arkansas	$6.16	-1.19

Workers' Comp Rate for Grain Elevator in Georgia (Class Code 8304)

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