Question 1

How much does workers' comp cost for Hardware Dealer in Ohio?

Accepted Answer

The current rate for Hardware Dealer (Class Code 8116) in Ohio is $3.32 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $1660 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Ohio?

Accepted Answer

Yes, workers' compensation insurance is mandatory in Ohio for all employers with at least one employee.

Question 3

How does Ohio's rate compare to other states?

Accepted Answer

Ohio's rate for Hardware Dealer is $3.32, which is $0.15 below the national average of $3.47 (-4%).

Question 4

What does class code 8116 cover?

Accepted Answer

Covers employees of hardware stores selling tools, fasteners, and general hardware supplies.

State	Rate per $100	Difference
Ohio (current)	$3.32	—
Indiana	$2.54	-0.78
Texas	$2.67	-0.65
Virginia	$2.70	-0.62
Utah	$2.76	-0.56
Arkansas	$2.86	-0.46

Workers' Comp Rate for Hardware Dealer in Ohio (Class Code 8116)

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