Question 1

How much does workers' comp cost for Drug Store in Vermont?

Accepted Answer

The current rate for Drug Store (Class Code 8047) in Vermont is $1.06 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $530 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Vermont?

Accepted Answer

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

Question 3

How does Vermont's rate compare to other states?

Accepted Answer

Vermont's rate for Drug Store is $1.06, which is $0.05 above the national average of $1.01 (+5%).

Question 4

What does class code 8047 cover?

Accepted Answer

Covers employees of pharmacies and drug stores dispensing medications and selling health-related merchandise.

State	Rate per $100	Difference
Vermont (current)	$1.06	—
Indiana	$0.74	-0.32
Texas	$0.78	-0.28
Virginia	$0.79	-0.27
Utah	$0.81	-0.25
Arkansas	$0.84	-0.22

Workers' Comp Rate for Drug Store in Vermont (Class Code 8047)

Get a Custom Quote for Drug Store in Vermont

Compare: Drug Store Rates in Other States

Get an Exact Quote for Your Business in Vermont

Related Class Codes in Vermont

Frequently Asked Questions

Ready to Get Covered?