Question 1

How much does workers' comp cost for Taxi/Rideshare in North Carolina?

Accepted Answer

The current rate for Taxi/Rideshare (Class Code 7370) in North Carolina is $6.35 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $3175 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 Taxi/Rideshare is $6.35, which is $0.86 below the national average of $7.21 (-12%).

Question 4

What does class code 7370 cover?

Accepted Answer

Covers drivers and operators of taxi and rideshare services providing passenger transportation.

State	Rate per $100	Difference
North Carolina (current)	$6.35	—
Indiana	$5.27	-1.08
Texas	$5.53	-0.82
Virginia	$5.60	-0.75
Utah	$5.74	-0.61
Arkansas	$5.94	-0.41

Workers' Comp Rate for Taxi/Rideshare in North Carolina (Class Code 7370)

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