Question 1

How much does workers' comp cost for Elevator Installation in Texas?

Accepted Answer

The current rate for Elevator Installation (Class Code 5160) in Texas is $8.61 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $4305 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Texas?

Accepted Answer

No, workers' compensation is not mandatory in Texas. However, employers who opt out lose important legal protections.

Question 3

How does Texas's rate compare to other states?

Accepted Answer

Texas's rate for Elevator Installation is $8.61, which is $2.60 below the national average of $11.21 (-23%).

Question 4

What does class code 5160 cover?

Accepted Answer

Covers workers engaged in the installation, maintenance, and repair of elevators, escalators, and moving walkways.

State	Rate per $100	Difference
Texas (current)	$8.61	—
Indiana	$8.19	-0.42
Virginia	$8.72	+0.11
Utah	$8.92	+0.31
Arkansas	$9.24	+0.63
Colorado	$9.35	+0.74

Workers' Comp Rate for Elevator Installation in Texas (Class Code 5160)

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