Indiana · Indiana Compensation Rating

Farm Machinery Sales workers comp rate in Indiana

The filed workers comp rate for class code 8745 (Farm Machinery Sales) in Indiana is $2.10 per $100 of payroll , effective 2023-01-01. On $500,000 of payroll, that's roughly $10,500 in base premium.

Rate per $100 $2.10
Rate type manual_rate
Authority Indiana Compensation Rating
Effective 2023-01-01
vs peers 64%
Confidence HIGH

FAQ

What is the workers comp rate for code 8745 in Indiana?

The filed workers comp loss cost / rate for NCCI class code 8745 (Farm Machinery Sales) in Indiana is $2.10 per $100 of payroll, effective 2023-01-01.

How much would I pay in Indiana for code 8745 on $500,000 of payroll?

At $2.10 per $100, $500,000 of payroll yields a base premium of $10,500 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.

Where else can I see code 8745?

UT has the cheapest filed rate for code 8745 ($0.750) and CA the highest ($9.21). Indiana sits at the 64th percentile across 22 peer states.