Question 1

How much does workers' comp cost for Iron/Steel Erection - Frame in Massachusetts?

Accepted Answer

The current rate for Iron/Steel Erection - Frame (Class Code 5040) in Massachusetts is $28.91 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $14455 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Massachusetts?

Accepted Answer

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

Question 3

How does Massachusetts's rate compare to other states?

Accepted Answer

Massachusetts's rate for Iron/Steel Erection - Frame is $28.91, which is $2.76 above the national average of $26.15 (+11%).

Question 4

What does class code 5040 cover?

Accepted Answer

Covers workers erecting structural iron or steel frames for buildings and other structures.

State	Rate per $100	Difference
Massachusetts (current)	$28.91	—
Indiana	$19.11	-9.80
Texas	$20.09	-8.82
Virginia	$20.33	-8.58
Utah	$20.83	-8.08
Arkansas	$21.56	-7.35

Workers' Comp Rate for Iron/Steel Erection - Frame in Massachusetts (Class Code 5040)

Get a Custom Quote for Iron/Steel Erection - Frame in Massachusetts

Compare: Iron/Steel Erection - Frame Rates in Other States

Get an Exact Quote for Your Business in Massachusetts

Related Class Codes in Massachusetts

Frequently Asked Questions

Ready to Get Covered?