Ohio is a one of 4 monopolistic states left in the U.S. This means that all workers comp rates are directly set by the state and private insurance companies are now allowed to compete in Ohio.
Workers compensation coverage in Ohio can only be purchased from the Ohio Bureau of Workers' Compensation (OBWC). Coverage is required for all employers doing business in Ohio.
Ohio rates are not available for publishing.
Ohio Rating System
Workers' compensation rates are based on the cost of claims in each industry or workers' compensation class code. New employers are Base-Rated while employers who have been in business for a few years or more will be Experience-Rated. Base-rated employers pay premium based on the industry wide averages and are not eligible for policy credits or debits based on their own experience modification factor. Experience-rated employers may pay a lower or a higher premium for workers compensation than the base rate. Their rates depend on the claim costs associated with the particular business.
Ohio Coverage Verification
The Ohio Bureau of Workers' Compensation offers a free tool designed to allow individuals and businesses to look-up workers' comp coverage on a business. This tool helps determine whether or not an Ohio employer has current coverage and provides specific information about the employer and their policy status.
Click to link to coverage look-up page: Ohio BWC Look-up Tool.
State Resources for Ohio
Ohio Bureau of Workers' Compensation
30 West Spring Street
Columbus, OH 43215-2256
Industrial Commission of Ohio
30 W Spring St
Columbus, OH 43215-2233
Ohio Industrial Commission
Ohio is not under the Jurisdiction of the National Council for Compensation Insurance (NCCI). Ohio is a monopolistic state and maintains its own exclusive state fund. Ohio Workers' comp insurance can only be purchased from this fund.
Our agency can help employers find affordable out of state coverage. We quote workers compensation with more than 35 private insurance companies and also specialize in multi-state workers' compensation insurance.