Workers' Compensation Insurance Cost – Forbes Advisor - Forbes
Workers' compensation insurance pays for medical care, lost wages and other benefits should an employee get hurt or sick on the job. It is an important insurance coverage and one that is required of businesses in most states. The average cost of workers' compensation insurance is $1 per $100 in payroll, according to the National Academy of Social Insurance. Small businesses pay an average of $542 per year for workers' comp, according to Insureon. FEATURED PARTNER OFFER Next Insurance Coverage Tailored policies for thousands of professions A.M. Best financial strength rating A- (Excellent) Get Instant Quote On Nextinsurance.com's Website Tailored policies for thousands of professions A- (Excellent) How Much Is Workers Comp Insurance? Workers' compensation insurance costs an average of $45 per month , according to Insureon. That's $542 per ye...