Question 1

How much does workers' comp cost for Elevator Installation in Missouri?

Accepted Answer

The current rate for Elevator Installation (Class Code 5160) in Missouri is $10.82 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $5410 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Missouri?

Accepted Answer

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

Question 3

How does Missouri's rate compare to other states?

Accepted Answer

Missouri's rate for Elevator Installation is $10.82, which is $0.39 below the national average of $11.21 (-3%).

Question 4

What does class code 5160 cover?

Accepted Answer

Covers workers engaged in the installation, maintenance, and repair of elevators, escalators, and moving walkways.

State	Rate per $100	Difference
Missouri (current)	$10.82	—
Indiana	$8.19	-2.63
Texas	$8.61	-2.21
Virginia	$8.72	-2.10
Utah	$8.92	-1.90
Arkansas	$9.24	-1.58

Workers' Comp Rate for Elevator Installation in Missouri (Class Code 5160)

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