Question 1

How much does workers' comp cost for Hardware Store - General in Missouri?

Accepted Answer

The current rate for Hardware Store - General (Class Code 8055) in Missouri is $2.58 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $1290 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 Hardware Store - General is $2.58, which is $0.09 below the national average of $2.67 (-3%).

Question 4

What does class code 8055 cover?

Accepted Answer

Covers employees of general hardware stores selling tools, fasteners, and household repair supplies.

State	Rate per $100	Difference
Missouri (current)	$2.58	—
Indiana	$1.95	-0.63
Texas	$2.05	-0.53
Virginia	$2.07	-0.51
Utah	$2.13	-0.45
Arkansas	$2.20	-0.38

Workers' Comp Rate for Hardware Store - General in Missouri (Class Code 8055)

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