Question 1

How much does workers' comp cost for Marine Transportation in North Carolina?

Accepted Answer

The current rate for Marine Transportation (Class Code 7327) in North Carolina is $11.75 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $5875 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 Marine Transportation is $11.75, which is $1.59 below the national average of $13.34 (-12%).

Question 4

What does class code 7327 cover?

Accepted Answer

Covers workers operating marine vessels for passenger and cargo transportation on waterways.

State	Rate per $100	Difference
North Carolina (current)	$11.75	—
Indiana	$9.75	-2.00
Texas	$10.25	-1.50
Virginia	$10.38	-1.37
Utah	$10.63	-1.12
Arkansas	$11.00	-0.75

Workers' Comp Rate for Marine Transportation in North Carolina (Class Code 7327)

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