Question 1

How much does workers' comp cost for Iron/Steel - Ornamental in Indiana?

Accepted Answer

The current rate for Iron/Steel - Ornamental (Class Code 5059) in Indiana is $9.56 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $4780 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 Iron/Steel - Ornamental is $9.56, which is $3.52 below the national average of $13.08 (-27%).

Question 4

What does class code 5059 cover?

Accepted Answer

Covers workers fabricating and installing ornamental iron and steel including railings, staircases, and decorative metalwork.

State	Rate per $100	Difference
Indiana (current)	$9.56	—
Texas	$10.05	+0.49
Virginia	$10.17	+0.61
Utah	$10.41	+0.85
Arkansas	$10.78	+1.22
Colorado	$10.90	+1.34

Workers' Comp Rate for Iron/Steel - Ornamental in Indiana (Class Code 5059)

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