Question 1

How much does workers' comp cost for Marine Transportation in Tennessee?

Accepted Answer

The current rate for Marine Transportation (Class Code 7327) in Tennessee is $11.38 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $5690 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Tennessee?

Accepted Answer

Yes, workers' compensation insurance is mandatory in Tennessee for employers with 5 or more employees.

Question 3

How does Tennessee's rate compare to other states?

Accepted Answer

Tennessee's rate for Marine Transportation is $11.38, which is $1.96 below the national average of $13.34 (-15%).

Question 4

What does class code 7327 cover?

Accepted Answer

Covers workers operating marine vessels for passenger and cargo transportation on waterways.

State	Rate per $100	Difference
Tennessee (current)	$11.38	—
Indiana	$9.75	-1.63
Texas	$10.25	-1.13
Virginia	$10.38	-1.00
Utah	$10.63	-0.75
Arkansas	$11.00	-0.38

Workers' Comp Rate for Marine Transportation in Tennessee (Class Code 7327)

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