Question 1

How much does workers' comp cost for Furniture Manufacturing in Virginia?

Accepted Answer

The current rate for Furniture Manufacturing (Class Code 2883) in Virginia is $4.56 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $2280 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 Furniture Manufacturing is $4.56, which is $1.31 below the national average of $5.87 (-22%).

Question 4

What does class code 2883 cover?

Accepted Answer

Covers workers in furniture manufacturing facilities producing residential and commercial furniture.

State	Rate per $100	Difference
Virginia (current)	$4.56	—
Indiana	$4.29	-0.27
Texas	$4.51	-0.05
Utah	$4.68	+0.12
Arkansas	$4.84	+0.28
Colorado	$4.90	+0.34

Workers' Comp Rate for Furniture Manufacturing in Virginia (Class Code 2883)

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