Question 1

How much does workers' comp cost for Carpentry - Commercial in Indiana?

Accepted Answer

The current rate for Carpentry - Commercial (Class Code 5645) in Indiana is $9.75 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $4875 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Indiana?

Accepted Answer

Yes, workers' compensation insurance is mandatory in Indiana for all employers with at least one employee.

Question 3

How does Indiana's rate compare to other states?

Accepted Answer

Indiana's rate for Carpentry - Commercial is $9.75, which is $3.59 below the national average of $13.34 (-27%).

Question 4

What does class code 5645 cover?

Accepted Answer

Covers carpenters performing construction and finish work on commercial buildings and structures.

State	Rate per $100	Difference
Indiana (current)	$9.75	—
Texas	$10.25	+0.50
Virginia	$10.38	+0.63
Utah	$10.63	+0.88
Arkansas	$11.00	+1.25
Colorado	$11.13	+1.38

Workers' Comp Rate for Carpentry - Commercial in Indiana (Class Code 5645)

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