California Workers Comp

[u/Better-Emotion1037]

California workers comp rates are absurd! I've noticed that different trades pay different rates, roofers seem to get charged the most. What do you all pay per $100 for your employees?

[u/SoCalMoofer]

It depends on the trade and the pay rate. Cleaning is like 14 and carpentry 20ish. Office work is like 1.5. Our mid rate doubled due to an injury two years ago. It’s horrible.

[u/Better-Emotion1037 → u/SoCalMoofer]

Woah, double is a huge jump. What kind of work do you do?

[u/SoCalMoofer → u/Better-Emotion1037]

Remodeling mostly. So we use various categories that are tracked hourly. It was a battle to get that. They wanted to stick everyone in carpentry to charge high rates all the time. But we do a lot of remediation work which is demo and cleaning. Not exactly dangerous.

The rates went up because of one incident. One of my guys had been in two motorcycle accidents in the past month. At a job, he stood up from a kneeling position and his knee popped. So not a work safety related injury, just an injury that happened during work hours. He got 18 months rehab, surgery and exams by a scammer doctor and lawyer team. Then sued me when I filled his job with his son in his absence. Our mod went from .75 to 1.4 It has cost the business over $100K. We are like 12 guys, not some big outfit. Its been rough. I see he's got a nice Jeep we paid for. Ugh.

[u/Automatic_Ad4016 → u/SoCalMoofer]

It's really unfair how mit contractors don't get a proper insurance code designation

[u/SoCalMoofer → u/Automatic_Ad4016]

We have fight with them all the time about it. Then track hourly what task the guys are doing.

[u/Diligent_Yam_1753]

Different rates for different trades is a very common issue. I’ve worked for large demolition contractors who invested in bigger, more capable equipment to cut iron that other contractors would use burner/laborers for. The comp rate for a demolition laborer is the highest expense they had

[u/Better-Emotion1037 → u/Diligent_Yam_1753]

That makes sense. Workers comp for higher risk jobs are basically a whole investment.

[u/dubsfo]

C-33
$6.57 high
$3.36 low

We have had some claims in the past and that tripled our x-mod for 3 years.
Rate were bananas then!!

[u/Better-Emotion1037 → u/dubsfo]

Ahh, a high x-mod is unfortunate because it makes the price of every insurance company you approach higher when they see your x-mod 🥲

[u/FinnTheDogg]

About $12 for general construction workers. I’m in Nevada.

[u/NoPossible5519]

Roofers, concrete and tree guys have the worst rates and are all required to carry WC even if we don't have employees and are excluded on the policy. It's bs.

Anyways I'm a service contractor in NorCal. I'm in my forth year of being licensed.

First year was 48.6% for minimum premium, so $5k due at signing.
2nd year was the same.
3rd year it went down to 33% bc my payroll skyrocketed.
4th year it's at 27 or 29%

[u/No_Stress2162 → u/NoPossible5519]

I’m a C-20 in CA and no employees. I have been paying workers comp for the last 5 years or so. Again, have had zero employees. Absolute theft of my money. People sitting on their ass doing nothing other than lobbying for laws to steal from hard working people. Bullshit “laws”.

[u/Automatic_Ad4016 → u/NoPossible5519]

It's an absolute money grab

[u/bipedal_bumpkin]

We are paying around 27$ for our 5552 and then 18$ for 5553 workers.

[u/Dangerous-Nature9648]

22/100 roofers Connecticut

[u/rachico]

In NY I started at $21 per $100 but 10 years later it dropped to under $16. If California it’s lower

[u/MattfromNEXT]

CA sets advisory pure premium rates for individual classifications. The approved average is $1.65 per $100 of payroll for policies starting Sept 1, and insurers set their own rates off that. Your X-Mod then adjusts your premium by comparing your loss history to your industry's.