Question 1

How much does workers' comp cost for Iron/Steel - Ornamental in Maine?

Accepted Answer

The current rate for Iron/Steel - Ornamental (Class Code 5059) in Maine is $13.48 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $6740 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 Iron/Steel - Ornamental is $13.48, which is $0.40 above the national average of $13.08 (+3%).

Question 4

What does class code 5059 cover?

Accepted Answer

Covers workers fabricating and installing ornamental iron and steel including railings, staircases, and decorative metalwork.

State	Rate per $100	Difference
Maine (current)	$13.48	—
Indiana	$9.56	-3.92
Texas	$10.05	-3.43
Virginia	$10.17	-3.31
Utah	$10.41	-3.07
Arkansas	$10.78	-2.70

Workers' Comp Rate for Iron/Steel - Ornamental in Maine (Class Code 5059)

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