Question 1

How much does workers' comp cost for Jewelry Store in Iowa?

Accepted Answer

The current rate for Jewelry Store (Class Code 8013) in Iowa is $0.87 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $435 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 Jewelry Store is $0.87, which is $0.04 below the national average of $0.91 (-4%).

Question 4

What does class code 8013 cover?

Accepted Answer

Covers employees of jewelry stores selling, repairing, and appraising jewelry and watches.

State	Rate per $100	Difference
Iowa (current)	$0.87	—
Indiana	$0.66	-0.21
Texas	$0.70	-0.17
Virginia	$0.71	-0.16
Utah	$0.72	-0.15
Arkansas	$0.75	-0.12

Workers' Comp Rate for Jewelry Store in Iowa (Class Code 8013)

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