Question 1

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

Accepted Answer

The current rate for Junk Dealer (Class Code 8263) in Louisiana is $6.88 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $3440 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 Junk Dealer is $6.88, which is $1.01 above the national average of $5.87 (+17%).

Question 4

What does class code 8263 cover?

Accepted Answer

Covers employees of junk and scrap dealers buying, sorting, and selling recyclable materials and scrap items.

State	Rate per $100	Difference
Louisiana (current)	$6.88	—
Indiana	$4.29	-2.59
Texas	$4.51	-2.37
Virginia	$4.56	-2.32
Utah	$4.68	-2.20
Arkansas	$4.84	-2.04

Workers' Comp Rate for Junk Dealer in Louisiana (Class Code 8263)

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