Question 1

How much does workers' comp cost for Taxicab Company - All Employees in Vermont?

Accepted Answer

The current rate for Taxicab Company - All Employees (Class Code 7390) in Vermont is $8.74 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $4370 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 Taxicab Company - All Employees is $8.74, which is $0.41 above the national average of $8.33 (+5%).

Question 4

What does class code 7390 cover?

Accepted Answer

Covers taxicab and ride-hail company employees including drivers and dispatchers.

State	Rate per $100	Difference
Vermont (current)	$8.74	—
Indiana	$6.08	-2.66
Texas	$6.40	-2.34
Virginia	$6.47	-2.27
Utah	$6.63	-2.11
Arkansas	$6.86	-1.88

Workers' Comp Rate for Taxicab Company - All Employees in Vermont (Class Code 7390)

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