Workers’ Comp for Concrete Contractors: Costs & Quotes
- Nate Jones, CPCU, ARM, CLCS, AU
- 4 days ago
- 2 min read
Concrete construction is one of the most physically demanding trades in the construction industry. Heavy lifting, power tools, uneven job sites, and exposure to machinery all increase the risk of workplace injuries. That’s why workers’ compensation insurance is not only required in most states but also essential for protecting both employees and business owners. Understanding what workers’ comp costs and how to get an accurate quote can help concrete contractors stay compliant and control expenses.
Why Workers’ Compensation Is Essential for Concrete Contractors
Workers’ compensation insurance provides financial protection when employees are injured on the job. Common injuries in concrete construction include:
Back and shoulder injuries from heavy lifting
Slips, trips, and falls on wet or uneven surfaces
Cuts, fractures, or crush injuries from tools and equipment
Workers’ comp covers medical expenses, rehabilitation, and a portion of lost wages. It also protects employers from lawsuits related to workplace injuries, making it a critical safeguard for concrete businesses.
What Does Workers’ Comp Insurance Cost?
The cost of workers’ compensation insurance for concrete contractors varies based on several factors, but it is typically calculated as a rate per $100 of payroll.
Key cost factors include:
Payroll Size: Higher payroll means higher premiums.
Type of Work: Commercial or industrial concrete work often carries higher rates than residential projects.
Claims History: Businesses with prior claims may pay more.
State Regulations: Workers’ comp rates and requirements vary by state.
Safety Practices: Strong safety programs can help reduce premiums over time.
On average, concrete contractors may pay $2 to $3 per $100 of payroll, though rates can be higher depending on risk level and job classification.
How to Lower Workers’ Comp Costs
While workers’ comp is mandatory in most states, there are ways to manage costs:
Implement job-site safety training and enforce protective equipment use
Classify employees correctly based on job duties
Review payroll estimates annually to avoid overpaying
Avoid small claims when possible to maintain a clean claims history
💡 Pro Tip: Insurers often reward businesses with strong safety records through lower premiums.
How to Get a Concrete Insurance Quote
To get an accurate workers’ comp quote, insurers typically require:
Business details and years in operation
Number of employees and job classifications
Annual payroll estimates
Description of concrete services performed
Prior workers’ compensation claims history
Working with an insurance provider experienced in construction and concrete contracting helps ensure proper classification and accurate pricing.
Wexford Insurance specializes in coverage for concrete contractors and can help you secure workers’ comp insurance that meets state requirements while keeping costs competitive.👉 Get a Workers’ Comp Quote from Wexford Insurance
