Question 1

How much does workers' comp cost for Hardware Dealer in Louisiana?

Accepted Answer

The current rate for Hardware Dealer (Class Code 8116) in Louisiana is $4.06 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $2030 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Louisiana?

Accepted Answer

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

Question 3

How does Louisiana's rate compare to other states?

Accepted Answer

Louisiana's rate for Hardware Dealer is $4.06, which is $0.59 above the national average of $3.47 (+17%).

Question 4

What does class code 8116 cover?

Accepted Answer

Covers employees of hardware stores selling tools, fasteners, and general hardware supplies.

State	Rate per $100	Difference
Louisiana (current)	$4.06	—
Indiana	$2.54	-1.52
Texas	$2.67	-1.39
Virginia	$2.70	-1.36
Utah	$2.76	-1.30
Arkansas	$2.86	-1.20

Workers' Comp Rate for Hardware Dealer in Louisiana (Class Code 8116)

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