Construction and trades · 14 min
Licenses, insurance and bonds
Before your first job you need a license, a bond and insurance. Workers' comp is priced by your trade and your payroll. A bond pays your clients if you let them down, and then you pay the surety back.
Ticket 01 · The guess
What comp costs per hundred dollars of pay
Words to know
Sources and every number (2)
Sources
- Classification Search: approved advisory pure premium rates effective September 1, 2026 (carpentry 5403 and 5432; plumbing 5183(1) and 5187(1); heating or air-conditioning equipment 5183(3); contractors' executive-level supervisors 5606; clerical office employees 8810) · Workers' Compensation Insurance Rating Bureau of California (WCIRB), 2026
- Census of Fatal Occupational Injuries, 2024: number and rate of fatal work injuries, by selected private industries (with the news release of February 19, 2026) · U.S. Bureau of Labor Statistics, 2024
Every number
- $12.075
wcirb.com ·2026 · California's advisory pure premium rate for carpentry, workers paid less than the carpentry wage limit, per hundred dollars of payroll, from September 2026: expected claims and the cost of handling them, before the insurer's own costs. - $5.321
wcirb.com ·2026 · California's advisory pure premium rate for carpentry, workers paid the carpentry wage limit or more, per hundred dollars of payroll, from September 2026: expected claims and the cost of handling them, before the insurer's own costs. - $46
/hour wcirb.com ·2026 · The hourly wage that splits California's two carpentry classes, from September 2026. - $5.716
wcirb.com ·2026 · California's advisory pure premium rate for plumbing, workers paid less than the plumbing wage limit, per hundred dollars of payroll, from September 2026: expected claims and the cost of handling them, before the insurer's own costs. - $2.732
wcirb.com ·2026 · California's advisory pure premium rate for plumbing, workers paid the plumbing wage limit or more, per hundred dollars of payroll, from September 2026: expected claims and the cost of handling them, before the insurer's own costs. - $35
/hour wcirb.com ·2026 · The hourly wage that splits California's two plumbing classes (and its two heating and air-conditioning equipment classes), from September 2026. - $5.716
wcirb.com ·2026 · California's advisory pure premium rate for heating or air-conditioning equipment work with no ductwork, workers paid less than the plumbing wage limit, per hundred dollars of payroll, from September 2026: expected claims and the cost of handling them, before the insurer's own costs. - $0.214
wcirb.com ·2026 · California's advisory pure premium rate for clerical office employees, per hundred dollars of payroll, from September 2026: expected claims and the cost of handling them, before the insurer's own costs. - 5,070
bls.gov ·2024 · Fatal work injuries in the US, 2024. - 3.3 per 100,000 workers
bls.gov ·2024 · Fatal work injuries per hundred thousand full-time-equivalent workers, all US workers, 2024. - 1,034
bls.gov ·2024 · Fatal work injuries in the construction industry, 2024: the most of any private industry. - 9.2 per 100,000 workers
bls.gov ·2024 · Fatal work injuries per hundred thousand full-time-equivalent workers in construction, 2024. - 865
bls.gov ·2024 · Fatal work injuries in transportation and warehousing, 2024: the second most. - 20.9 per 100,000 workers
bls.gov ·2024 · Fatal work injuries per hundred thousand full-time-equivalent workers in agriculture, forestry, fishing and hunting, 2024. - 13.8 per 100,000 workers
bls.gov ·2024 · Fatal work injuries per hundred thousand full-time-equivalent workers in mining, quarrying, and oil and gas extraction, 2024. - 12.2 per 100,000 workers
bls.gov ·2024 · Fatal work injuries per hundred thousand full-time-equivalent workers in transportation and warehousing, 2024.