Question 1

How much does workers' comp cost for Taxicab Company - All Employees in Maryland?

Accepted Answer

The current rate for Taxicab Company - All Employees (Class Code 7390) in Maryland is $8.19 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $4095 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Maryland?

Accepted Answer

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

Question 3

How does Maryland's rate compare to other states?

Accepted Answer

Maryland's rate for Taxicab Company - All Employees is $8.19, which is $0.14 below the national average of $8.33 (-2%).

Question 4

What does class code 7390 cover?

Accepted Answer

Covers taxicab and ride-hail company employees including drivers and dispatchers.

State	Rate per $100	Difference
Maryland (current)	$8.19	—
Indiana	$6.08	-2.11
Texas	$6.40	-1.79
Virginia	$6.47	-1.72
Utah	$6.63	-1.56
Arkansas	$6.86	-1.33

Workers' Comp Rate for Taxicab Company - All Employees in Maryland (Class Code 7390)

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