Question 1

How much does workers' comp cost for Carpentry - Detached One/Two Family in Indiana?

Accepted Answer

The current rate for Carpentry - Detached One/Two Family (Class Code 5432) in Indiana is $7.22 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $3610 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 - Detached One/Two Family is $7.22, which is $2.66 below the national average of $9.88 (-27%).

Question 4

What does class code 5432 cover?

Accepted Answer

Covers carpenters working on detached one and two family dwellings including framing, trim, and general carpentry.

State	Rate per $100	Difference
Indiana (current)	$7.22	—
Texas	$7.59	+0.37
Virginia	$7.68	+0.46
Utah	$7.86	+0.64
Arkansas	$8.14	+0.92
Colorado	$8.23	+1.01

Workers' Comp Rate for Carpentry - Detached One/Two Family in Indiana (Class Code 5432)

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