Question 1

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

Accepted Answer

The current rate for Taxicab Company - All Employees (Class Code 7390) in Mississippi is $7.57 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $3785 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Mississippi?

Accepted Answer

Yes, workers' compensation insurance is mandatory in Mississippi for employers with 5 or more employees.

Question 3

How does Mississippi's rate compare to other states?

Accepted Answer

Mississippi's rate for Taxicab Company - All Employees is $7.57, which is $0.76 below the national average of $8.33 (-9%).

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
Mississippi (current)	$7.57	—
Indiana	$6.08	-1.49
Texas	$6.40	-1.17
Virginia	$6.47	-1.10
Utah	$6.63	-0.94
Arkansas	$6.86	-0.71

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

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