Retail Hardware Store workers comp rate in Indiana
The filed workers comp rate for class code 8039 (Retail Hardware Store) in Indiana is $0.980 per $100 of payroll , effective 2023-01-01. On $500,000 of payroll, that's roughly $4,900 in base premium.
Rate per $100 $0.980
Rate type manual_rate
Authority Indiana Compensation Rating
Effective 2023-01-01
vs peers 64%
Confidence HIGH
Source quote
"8039 0.98 469"
From Indiana Compensation Rating, effective 2023-01-01.
FAQ
What is the workers comp rate for code 8039 in Indiana?
The filed workers comp loss cost / rate for NCCI class code 8039 (Retail Hardware Store) in Indiana is $0.980 per $100 of payroll, effective 2023-01-01.
How much would I pay in Indiana for code 8039 on $500,000 of payroll?
At $0.980 per $100, $500,000 of payroll yields a base premium of $4,900 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8039?
UT has the cheapest filed rate for code 8039 ($0.400) and NJ the highest ($3.15). Indiana sits at the 64th percentile across 22 peer states.