How WA Workers' Comp Works
Washington is one of four "monopolistic" states where workers' compensation insurance must be obtained through the state fund (L&I) rather than private insurers. Every employer must pay premiums based on their industry risk classification and total payroll.
Understanding Risk Classes
L&I assigns every employer a risk class code based on the type of work performed. Higher-risk occupations (roofing, construction) pay significantly more than lower-risk ones (office work, IT). Rates are expressed as a dollar amount per $100 of payroll.
What Affects Your Premium?
- Risk class: Your primary industry classification
- Payroll: Total wages paid to employees
- Experience factor: Your claims history compared to industry average
- Supplemental rate: Additional assessment for the Second Injury Fund and other programs
Disclaimer: These are estimates using representative rates. Actual premiums depend on your experience modification factor, claims history, and exact sub-classification. Contact L&I for a binding rate quote.