Question 1

How much does workers' comp cost for Grain Elevator in Maine?

Accepted Answer

The current rate for Grain Elevator (Class Code 8304) in Maine is $7.70 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $3850 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Maine?

Accepted Answer

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

Question 3

How does Maine's rate compare to other states?

Accepted Answer

Maine's rate for Grain Elevator is $7.70, which is $0.23 above the national average of $7.47 (+3%).

Question 4

What does class code 8304 cover?

Accepted Answer

Covers workers at grain elevator facilities receiving, storing, and distributing grain and agricultural commodities.

State	Rate per $100	Difference
Maine (current)	$7.70	—
Indiana	$5.46	-2.24
Texas	$5.74	-1.96
Virginia	$5.81	-1.89
Utah	$5.95	-1.75
Arkansas	$6.16	-1.54

Workers' Comp Rate for Grain Elevator in Maine (Class Code 8304)

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