National Average Cost of Workers' Compensation Insurance
Healthcare $1,825 Per $100,000 payroll
Retail Trade $2,850 Per $100,000 payroll
Construction $7,430 Per $100,000 payroll
Workers' Compensation Insurance Laws in Idaho
In Idaho, workers' compensation is required for every business that employs one or more employees. It does not matter if the employee is full, part-time, or seasonal; coverage guidelines still apply. The state's minimum limits or greater are mandated to comply with local law.
Common Workers' Compensation Claims in Idaho
The Top 5 industries with the most fatal occupational injuries, in order:
- Construction
- Transportation and warehousing
- Manufacturing
- Crop farming
- Landscaping
The Top 7 most reported injuries, in order:
- Violence and other injuries by persons or animals
- Transportation incidents
- Fires
- Falls, slips, trips
- Exposure to harmful substances or environments
- Contact with objects and equipment
- Overexertion and bodily reaction
Some worker's compensation claims take a turn for the worst. In Idaho, 32 workers' comp claims turned fatal in one recent year. Fortunately, each workers' compensation policy typically has coverage for funeral expenses.
FAQ: Workers' Compensation Insurance in Idaho
Your Idaho workers' compensation coverage protects your business finances from ongoing expenses and devastation. When an employee becomes injured or ill as a result of doing their job, then a workers' compensation policy applies and pays for their medical expenses and lost wages, saving the employee from paying the loss.
The cost of Idaho workers' compensation insurance varies by industry, experience, and loss history. Workers' compensation coverage is rated within a range for every job type. Examples of current Idaho workers' compensation rates by duties are listed below, per $100 of employer payroll:
| Industry | Low Cost | High Cost |
| Fence Installation & Repair | $7.60 | $12.16 |
| Trucking-Short & Long Haul | $7.66 | $12.26 |
| Towing Company | $7.33 | $11.73 |
| Package & Parcel Delivery | $6.93 | $11.09 |
| Non Emergency Medical Transport-Taxi-Limo-Airport Shuttle | $5.23 | $8.37 |
Yes. Idaho requires that all business owners with one or more full, part-time, or seasonal employees carry workers' compensation insurance. This coverage needs to be at the state minimum limits or more.
Idaho workers' compensation insurance will pay for your injured or ill employee's medical expenses and lost wages due to a work-related loss. This will include the following incidents:
- Traumatic injuries
- Repetitive injuries
- Some mental or cognitive injuries
- Occupational illnesses/diseases
In Idaho, your workers' compensation insurance will have exclusions on coverage. Below are some common incidents not included under your policy:
- Intentional injuries or illnesses
- Injuries or illnesses sustained outside of work
- Injuries or illnesses sustained while committing a crime
- Injuries or illnesses sustained under the influence of drugs or alcohol
If you're in need of a workers' compensation certificate of insurance, your Idaho independent agent can help. They will provide a certificate showing proof of insurance to an individual, business, or municipality per your request. A certificate will include your current policy limits and expiration dates.
In Idaho, obtaining the perfect workers' compensation insurance policy can be tricky if you're unsure where to start. Fortunately, a local independent insurance agent can help with coverage and premium options to suit your needs. Plus, they do the shopping for free, making it a no-brainer.
Each state has its own rules and guidelines. However, in Idaho, any workers' compensation benefits collected are not taxable.
What are the Best Workers' Compensation Insurance Companies in Idaho?
| Top Workers' Compensation Companies | Star Rating |
| Travelers |  |
| Liberty Mutual |  |
| Builders & Tradesmen's Insurance | |
| Central Insurance Companies | |
| Nationwide | |