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Purchasing Workers Comp Insurance in Maryland

Maryland Coverage Requirements

    In Maryland any business who employs workers must purchase Workers' Compensation Insurance.

    A Sole Proprietor or Partner is excluded from coverage, but can elect to be included.

    Corporate officers are included for coverage, but can elect to be exempt.

    LLC Members who provide a service for monetary compensation are statutorily covered. Those covered, but owning more than 20% or more interest in the LLC may elect to be exempt.

2020 Payroll Limits & Owner Exclusion Requirments

    If Sole Proprietors and Partners elect to be covered they must do so at a rate of $56,900 (As of 1/1/2019).

    Corporate Officers or LLC members who are covered must do so at a minimum annual wage of $57,200.00 and a maximum annual wage of $228,800. (Accurate as of 3/1/2019, last updated by the state on 1/1/20119).

Workers' Comp Insurance Varies by State- Know the Law

Every state has their own rules for how employees must be covered and how they must be classified for rating purposes. A lot of states use state specific class codes and have different requirements for who is obligated to carry workers' compensation insurance coverage.

If you have employees that travel out of state for work, or they work in multiple states throughout the year, you may need to purchase insurance for all the states where your workers are located and working. In most cases, you can add multiple states to one policy.

Workers' Compensation Insurance in Maryland can be purchased from private insurance companies authorized by the state to provide coverage. The Assigned Risk Pool, or State fund coverage, is available for employers who are unable to find coverage from a private company. can help you navigate your best options.

Policy premium is based on numerous factors including: class codes assigned to your business and employees, estimated payroll, covered states, prior policies, owner experience and claims.

Enjoy the benefits of our Pay As You Go Workers' Comp Options in Maryland.

$O Deposit or Minimum Down

We've developed Pay As You Go worker compensation programs that reduce or eliminate premium deposits and allow Maryland employers to report and pay premium based on actual payroll wages. Reduce your audit risk.

Lower Monthly Payments

We've negotiated special terms with many of our insurance partners to offer more flexible payment options like 12 equal installments plans and monthly reporting programs to help improve cash flow for our business owners.

Maryland Work Comp Experts.

We're an agency that specializes in Workers' Compensation. We are the best at helping business owners buy the most affordable coverage for their companies. Don't pay too much for your workers' compensation policy.

Quote Maryland Workers Compensation With Us

Maryland Rates

Workers Comp Rates in Maryland are 12% cheaper than the national average, but pricing is only one factor in your Workers Comp purchase decision. You should be shopping multiple carriers because Service, Type of Coverage and Pricing are very competitive. We have the knowledge and expertise to find the best value for your Workers' Compensation Policy.

Need Help With Maryland Class Codes?

Insurance rates vary significantly between NCCI classification codes. Let our Maryland Workers Compensation Specialists help you determine your correct workers compensation class codes before you buy a policy. We'll help make sure your business is properly classified in the most affordable manner and shop your coverage to ensure you get the very best deal.

Faster Workers Comp Quotes

We make the process of getting workers compensation quotes fast and easy. We know your time is valuable. That's why we work harder to streamline the quote process, compare your rates and coverages, and present your best options as quickly as possible. We often have your insurance quotes ready in less than 24 hours.

Shop Over 35 Insurance Carriers

We're a National Agency, and we have tons of carriers offering work comp in Maryland. We have access to over 35 insurance companies with a diverse appetite and competitive rates. Our markets know we expect the lowest rates, bigger discounts, and more policy credits when we request a quote.


Did you know that the cost of a workers comp policy in Maryland can vary significantly between insurance company, underwriter, and insurance agency?
Find the best deal on workers compensation insurance.
Visit NCCI for more resources and information about workers' compensation class codes. Visit United States Department of Labor for more information about government agencies managing workers compensation insurance rates.

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