Question 1

How much does workers' comp cost for Farm - Livestock in Minnesota?

Accepted Answer

The current rate for Farm - Livestock (Class Code 0016) in Minnesota is $11.07 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $5535 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Minnesota?

Accepted Answer

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

Question 3

How does Minnesota's rate compare to other states?

Accepted Answer

Minnesota's rate for Farm - Livestock is $11.07, which is $0.13 above the national average of $10.94 (+1%).

Question 4

What does class code 0016 cover?

Accepted Answer

Covers farm workers raising and managing livestock including cattle, sheep, and hogs.

State	Rate per $100	Difference
Minnesota (current)	$11.07	—
Indiana	$8.00	-3.07
Texas	$8.40	-2.67
Virginia	$8.51	-2.56
Utah	$8.71	-2.36
Arkansas	$9.02	-2.05

Workers' Comp Rate for Farm - Livestock in Minnesota (Class Code 0016)

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