Question 1

How much does workers' comp cost for Asphalt Paving in Iowa?

Accepted Answer

The current rate for Asphalt Paving (Class Code 5473) in Iowa is $10.46 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $5230 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Iowa?

Accepted Answer

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

Question 3

How does Iowa's rate compare to other states?

Accepted Answer

Iowa's rate for Asphalt Paving is $10.46, which is $0.48 below the national average of $10.94 (-4%).

Question 4

What does class code 5473 cover?

Accepted Answer

Covers workers engaged in asphalt paving for roads, driveways, parking lots, and other surfaces.

State	Rate per $100	Difference
Iowa (current)	$10.46	—
Indiana	$8.00	-2.46
Texas	$8.40	-2.06
Virginia	$8.51	-1.95
Utah	$8.71	-1.75
Arkansas	$9.02	-1.44

Workers' Comp Rate for Asphalt Paving in Iowa (Class Code 5473)

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