Question 1

How much does workers' comp cost for School Bus Drivers in New Mexico?

Accepted Answer

The current rate for School Bus Drivers (Class Code 9105) in New Mexico is $4.41 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $2205 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in New Mexico?

Accepted Answer

Yes, workers' compensation insurance is mandatory in New Mexico for employers with 3 or more employees.

Question 3

How does New Mexico's rate compare to other states?

Accepted Answer

New Mexico's rate for School Bus Drivers is $4.41, which is $0.39 below the national average of $4.80 (-8%).

Question 4

What does class code 9105 cover?

Accepted Answer

Covers school bus drivers transporting students to and from schools and school-related activities.

State	Rate per $100	Difference
New Mexico (current)	$4.41	—
Indiana	$3.51	-0.90
Texas	$3.69	-0.72
Virginia	$3.74	-0.67
Utah	$3.83	-0.58
Arkansas	$3.96	-0.45

Workers' Comp Rate for School Bus Drivers in New Mexico (Class Code 9105)

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