Texas Workers’ Comp Division: State’s Rates Among Nation’s Lowest

November 15, 2016

Texas has some of the nation’s most affordable workers’ compensation coverage, according to a 2016 study, which found that the Lone Star State had the 10th lowest rates among all states, the Texas Division of Workers’ Compensation reports.

The study by the Oregon Department of Consumer and Business Services ranks all 50 states and Washington, D.C., based on premium rates that were in effect Jan. 1, 2016. Texas, with premiums at $1.45 per $100 of payroll, ranked No. 10, four spots higher than the previous study in 2014.

Texas’ workers’ compensation premium rates are about 21 percent lower than the median for all states, according to the study. California has the most expensive rates in the nation, at $3.24 per $100 of payroll.

Source: Texas Division of Workers' Compensation
Source: Texas Division of Workers’ Compensation

Rates in Texas are also favorable compared with other high population states, such as Florida, Illinois, and New York.

North Dakota had the least expensive rates, at 89 cents per $100 of payroll.

Summary of the report

Topics Texas Workers' Compensation

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Latest Comments

  • November 15, 2016 at 3:30 pm
    Agent says:
    I am afraid you are not making much sense. The non-subscribers around are not doing that well these days since the WC system was revised and carriers started getting more com... read more
  • November 15, 2016 at 2:54 pm
    Jack Coleman says:
    Options. Texas is leading this country in lower premiums and better care for injured employees because we provide options to our Texas employers. if you think Work Comp rates... read more
  • November 15, 2016 at 2:36 pm
    Agent says:
    When a customer has Texas Mutual as the carrier, their rates are even lower due to generous dividends they declare each year.

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