Retail Store - Department Store workers comp rate in Indiana
The filed workers comp rate for class code 8203 (Retail Store - Department Store) in Indiana is $3.61 per $100 of payroll , effective 2023-01-01. On $500,000 of payroll, that's roughly $18,050 in base premium.
Rate per $100 $3.61
Rate type manual_rate
Authority Indiana Compensation Rating
Effective 2023-01-01
vs peers 58%
Confidence HIGH
Source quote
"8203 3.61 1297"
From Indiana Compensation Rating, effective 2023-01-01.
FAQ
What is the workers comp rate for code 8203 in Indiana?
The filed workers comp loss cost / rate for NCCI class code 8203 (Retail Store - Department Store) in Indiana is $3.61 per $100 of payroll, effective 2023-01-01.
How much would I pay in Indiana for code 8203 on $500,000 of payroll?
At $3.61 per $100, $500,000 of payroll yields a base premium of $18,050 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8203?
UT has the cheapest filed rate for code 8203 ($1.21) and NJ the highest ($10.66). Indiana sits at the 58th percentile across 19 peer states.