Furniture Salespersons workers comp rate in Indiana
The filed workers comp rate for class code 8723 (Furniture Salespersons) in Indiana is $0.090 per $100 of payroll , effective 2023-01-01. On $500,000 of payroll, that's roughly $450 in base premium.
Rate per $100 $0.090
Rate type manual_rate
Authority Indiana Compensation Rating
Effective 2023-01-01
vs peers 78%
Confidence HIGH
FAQ
What is the workers comp rate for code 8723 in Indiana?
The filed workers comp loss cost / rate for NCCI class code 8723 (Furniture Salespersons) in Indiana is $0.090 per $100 of payroll, effective 2023-01-01.
How much would I pay in Indiana for code 8723 on $500,000 of payroll?
At $0.090 per $100, $500,000 of payroll yields a base premium of $450 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8723?
UT has the cheapest filed rate for code 8723 ($0.020) and NV the highest ($0.130). Indiana sits at the 78th percentile across 18 peer states.