Question 1

How much does workers' comp cost for Boat Building - Metal in Oklahoma?

Accepted Answer

The current rate for Boat Building - Metal (Class Code 7337) in Oklahoma 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 Oklahoma?

Accepted Answer

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

Question 3

How does Oklahoma's rate compare to other states?

Accepted Answer

Oklahoma's rate for Boat Building - Metal is $11.51, which is $1.10 above the national average of $10.41 (+11%).

Question 4

What does class code 7337 cover?

Accepted Answer

Covers workers building and repairing metal boats and ships including welding, fabrication, and outfitting.

State	Rate per $100	Difference
Oklahoma (current)	$11.51	—
Indiana	$7.61	-3.90
Texas	$7.99	-3.52
Virginia	$8.09	-3.42
Utah	$8.29	-3.22
Arkansas	$8.58	-2.93

Workers' Comp Rate for Boat Building - Metal in Oklahoma (Class Code 7337)

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