Concrete Construction workers comp rate in Indiana
The filed workers comp rate for class code 5020 (Concrete Construction) in Indiana is $2.31 per $100 of payroll , effective 2023-01-01. On $500,000 of payroll, that's roughly $11,550 in base premium.
Rate per $100 $2.31
Rate type manual_rate
Authority Indiana Compensation Rating
Effective 2023-01-01
vs peers 30%
Confidence HIGH
FAQ
What is the workers comp rate for code 5020 in Indiana?
The filed workers comp loss cost / rate for NCCI class code 5020 (Concrete Construction) in Indiana is $2.31 per $100 of payroll, effective 2023-01-01.
How much would I pay in Indiana for code 5020 on $500,000 of payroll?
At $2.31 per $100, $500,000 of payroll yields a base premium of $11,550 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 5020?
UT has the cheapest filed rate for code 5020 ($0.930) and IL the highest ($5.00). Indiana sits at the 30th percentile across 20 peer states.