Question 1

How much does workers' comp cost for Bakery in Virginia?

Accepted Answer

The current rate for Bakery (Class Code 2003) in Virginia is $2.91 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $1455 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Virginia?

Accepted Answer

Yes, workers' compensation insurance is mandatory in Virginia for employers with 2 or more employees.

Question 3

How does Virginia's rate compare to other states?

Accepted Answer

Virginia's rate for Bakery is $2.91, which is $0.83 below the national average of $3.74 (-22%).

Question 4

What does class code 2003 cover?

Accepted Answer

Covers workers in commercial bakeries producing bread, pastries, cakes, and other baked goods.

State	Rate per $100	Difference
Virginia (current)	$2.91	—
Indiana	$2.73	-0.18
Texas	$2.87	-0.04
Utah	$2.98	+0.07
Arkansas	$3.08	+0.17
Colorado	$3.12	+0.21

Workers' Comp Rate for Bakery in Virginia (Class Code 2003)

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