Colorado Workers Compensation Rates. You can view their study by clicking on the images below. Colorado has historically been an affordable state for coverage.
All businesses with employees operating in colorado are required to have workers compensation insurance regardless of the number of employees whether the employees only work part time or if they are members of the same family. This rate is among the lower rates in the us. Workers compensation insurance provides medical and lost wage benefits to workers who are injured on the job.
It compares well with california at about 2 75 per 100 earnings.
Co rates arfe expected to decrease throughout 2019 but many experts believe rates may harden next year. Colorado workers compensation rates. The estimated colorado workers compensation rates by class code below are part of the oregon workers compensation premium rate ranking study. The rates listed for each state are calculated manual rates and may include loss cost multipliers and assessments.