PMC Insurance published a state-by-state analysis of workers compensation costs for trucking and transportation companies, documenting how rates vary from under $1 per $100 of payroll in some states to over $5 per $100 in high-risk states, according to PMC Insurance. The analysis helped operators benchmark their costs against state averages.
Operator takeaway
Workers comp rates vary 5x from state to state — if you operate near a state line, understanding the rate differential may influence where you domicile your business.