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Purchase Workers Comp Insurance in Oklahoma

2020 Oklahoma Coverage Information

    Employers with one or more full-time or part-time employees are required to carry workers compensation insurance in OK.

    Sole-Proprietors and Partners are excluded for workers compensation by default, but they can elect to be covered on a policy.

    Corporate Officers and LLC Members are also automatically excluded for work comp coverage, but they may elect to be included. Owners of either a corporation or LLC must own at least 10% for the exclusion to apply.

    There are no exceptions numeric exceptions for employers in Oklahoma. All employees are required to be covered under workers compensation insurance.

2020 Payroll Limits & Owner Exclusion Requirments

    Sole-Proprietors, Partners and LLC Members who include themselves on workers comp coverage must use a minimum payroll amount of $45,100 for rating purposes. (As of 01/01/2019)

    Officers who are not excluded from coverage must utilize a minimum payroll of $44,200 and a maximum payroll annual amount of $182,000 for the purpose of rating work comp insurance premium. (As of 01/01/2019)

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 Oklahoma 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 Oklahoma.

$O Deposit or Minimum Down

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

Easy 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.

Tough Class Codes

We've partnered with over 25 workers' compensation insurance companies with a broad range of industry appetites to help make sure we have underwriters ready and willing to quote coverage for almost every classification code.

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Oklahoma Rates for 2020

Insurance rates in Oklahoma have been on a steady incline over the past few years as a lot of carriers continue to increase insurance rates each year. Oklahoma employers may benefit when the shop their workers' compensation rates with multiple insurance providers in 2020.

Need Help With Oklahoma Class Codes?

Insurance rates vary significantly between NCCI classification codes. Let our OK Workers Compensation Specialists help you determine your correct workers compensation class codes before your buy a policy. We'll help make sure your business is properly covered.

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 Oklahoma. 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 Oklahoma 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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