Question 1

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

Accepted Answer

The current rate for Jewelry Store (Class Code 8013) in South Carolina is $0.84 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $420 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 Jewelry Store is $0.84, which is $0.07 below the national average of $0.91 (-8%).

Question 4

What does class code 8013 cover?

Accepted Answer

Covers employees of jewelry stores selling, repairing, and appraising jewelry and watches.

State	Rate per $100	Difference
South Carolina (current)	$0.84	—
Indiana	$0.66	-0.18
Texas	$0.70	-0.14
Virginia	$0.71	-0.13
Utah	$0.72	-0.12
Arkansas	$0.75	-0.09

Workers' Comp Rate for Jewelry Store in South Carolina (Class Code 8013)

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