Question 1

How much does workers' comp cost for Iron/Steel - Ornamental in North Carolina?

Accepted Answer

The current rate for Iron/Steel - Ornamental (Class Code 5059) in North Carolina is $11.51 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $5755 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in North Carolina?

Accepted Answer

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

Question 3

How does North Carolina's rate compare to other states?

Accepted Answer

North Carolina's rate for Iron/Steel - Ornamental is $11.51, which is $1.57 below the national average of $13.08 (-12%).

Question 4

What does class code 5059 cover?

Accepted Answer

Covers workers fabricating and installing ornamental iron and steel including railings, staircases, and decorative metalwork.

State	Rate per $100	Difference
North Carolina (current)	$11.51	—
Indiana	$9.56	-1.95
Texas	$10.05	-1.46
Virginia	$10.17	-1.34
Utah	$10.41	-1.10
Arkansas	$10.78	-0.73

Workers' Comp Rate for Iron/Steel - Ornamental in North Carolina (Class Code 5059)

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