Question 1

How much does workers' comp cost for Taxicab Company - All Employees in North Carolina?

Accepted Answer

The current rate for Taxicab Company - All Employees (Class Code 7390) in North Carolina is $7.33 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $3665 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 Taxicab Company - All Employees is $7.33, which is $1.00 below the national average of $8.33 (-12%).

Question 4

What does class code 7390 cover?

Accepted Answer

Covers taxicab and ride-hail company employees including drivers and dispatchers.

State	Rate per $100	Difference
North Carolina (current)	$7.33	—
Indiana	$6.08	-1.25
Texas	$6.40	-0.93
Virginia	$6.47	-0.86
Utah	$6.63	-0.70
Arkansas	$6.86	-0.47

Workers' Comp Rate for Taxicab Company - All Employees in North Carolina (Class Code 7390)

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