Delaware is a competitive rating state and allows private carriers to offer workers comp coverage, but the state does not utilize NCCI for its Rating Bureau. The Delaware Compensation Rating Bureau (DCRB) administers all rules and manages the Delaware State Fund. Workers' compensation rates listed below represent the current insurance rates for 2015. Rates are set by the Office of Insurance Commissioner and the Office of Workers' Compensation. Insurance companies may be able to offer discounts and credits to policies.
Delaware workers comp rates vary by business classification codes and insurance company underwriting standards. Employers' who have an Experience Modification Factor assigned to their business may have additional credits or debits applied to their insurance rates based on prior premiums and workers compensation losses.
Delaware Workers Comp Codes
Delaware uses a unique non-NCCI 3-digit class code system. Delaware is under the state jurisdiction of the Delaware Compensation Rating Bureau. The Bureau is responsible for establishing workers comp rates, determines experience modification rates and administers the assigned risk coverage under the Delaware State Fund.
State Resources for Delaware
Delaware Office of Workers' Compensation
State Office Building, Sixth Floor
820 North French Street
Wilmington, Delaware 19801
Delaware Office of Insurance Commissioner
841 Silver Lake Blvd., Rodney Building
Dover, DE 19904
Delaware is under the Jurisdiction of the National Council for Compensation Insurance (NCCI) and contracts with Travelers as the state fund carrier.
Our agency can help employers find guaranteed state fund coverage in DE. If we can't find coverage with a private insurance provider we can help buy a state fund policy.