Question 1

How much does workers' comp cost for Iron/Steel Merchant in Utah?

Accepted Answer

The current rate for Iron/Steel Merchant (Class Code 8106) in Utah is $4.68 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $2340 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 Iron/Steel Merchant is $4.68, which is $1.19 below the national average of $5.87 (-20%).

Question 4

What does class code 8106 cover?

Accepted Answer

Covers employees of iron and steel merchant establishments selling and distributing metal products.

State	Rate per $100	Difference
Utah (current)	$4.68	—
Indiana	$4.29	-0.39
Texas	$4.51	-0.17
Virginia	$4.56	-0.12
Arkansas	$4.84	+0.16
Colorado	$4.90	+0.22

Workers' Comp Rate for Iron/Steel Merchant in Utah (Class Code 8106)

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