Question 1

How much does workers' comp cost for Boat Building - Wood in Utah?

Accepted Answer

The current rate for Boat Building - Wood (Class Code 7335) in Utah is $6.38 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $3190 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Utah?

Accepted Answer

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

Question 3

How does Utah's rate compare to other states?

Accepted Answer

Utah's rate for Boat Building - Wood is $6.38, which is $1.63 below the national average of $8.01 (-20%).

Question 4

What does class code 7335 cover?

Accepted Answer

Covers workers building and repairing wooden boats including hull construction, finishing, and restoration.

State	Rate per $100	Difference
Utah (current)	$6.38	—
Indiana	$5.85	-0.53
Texas	$6.15	-0.23
Virginia	$6.23	-0.15
Arkansas	$6.60	+0.22
Colorado	$6.68	+0.30

Workers' Comp Rate for Boat Building - Wood in Utah (Class Code 7335)

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