Question 1

How much does workers' comp cost for Book Store in South Carolina?

Accepted Answer

The current rate for Book Store (Class Code 8072) in South Carolina is $0.50 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $250 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in South Carolina?

Accepted Answer

Yes, workers' compensation insurance is mandatory in South Carolina for employers with 4 or more employees.

Question 3

How does South Carolina's rate compare to other states?

Accepted Answer

South Carolina's rate for Book Store is $0.50, which is $0.04 below the national average of $0.54 (-7%).

Question 4

What does class code 8072 cover?

Accepted Answer

Covers employees of bookstores selling books, magazines, periodicals, and related merchandise.

State	Rate per $100	Difference
South Carolina (current)	$0.50	—
Indiana	$0.39	-0.11
Texas	$0.41	-0.09
Virginia	$0.42	-0.08
Utah	$0.43	-0.07
Arkansas	$0.44	-0.06

Workers' Comp Rate for Book Store in South Carolina (Class Code 8072)

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