Wyoming Workers Comp Rates

Wyoming workers' compensation rates continue to remain stable in 2019.

Wyoming is a great state to live and work. With the smallest population in the county, Wyoming's industry and population has continued to grow over the past few years. Construction is currently the fastest growing industry in the state.

On average, employers in Wyoming average about 95% of the national median with regard to workers compensation rates. The most recent national study ranked Wyoming 31 out of 51 from most expensive rates to least expensive.

Since Wyoming is a monopolistic state, there are no comparison ratings to publish for regarding the lowest and highest rates in the state.

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WY Rates for Select Work Comp Class Codes

As of 2019, Wyoming is one of 4 monopolistic states left in the country. This means that all rates are set by the state and that private insurance companies are not authorized to sell workers compensation in Wyoming. Workers compensation is required by law in Wyoming and self-insurance is not allowed. Our agency is a national workers compensation firm and we often help employers purchase out of state workers compensation policies when they hire employees or perform projects in other states. We write workers compensation coast to coast.

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Wyoming operates an exclusive State Fund. Workers comp may only be purchased from the Wyoming Workers' Safety and Compensation Division. We often help Wyoming employers and agents purchase out-of-state-coverage when Wyoming employers hire employees or do business outside of Wyoming.

State Resources for Wyoming

Wyoming Department Of Workforce Services

Employer Services
1510 East Pershing Blvd
South Door, 2nd Floor
Cheyenne, WY 82002
307-777-6763
Employer Services

Wyoming Department Of Insurance

106 E 6th Avenue
Cheyenne, WY 82001
800-438-5768
WY Department of Insurance

Wyoming workers comp is under the Jurisdiction of the Wyoming Department of Workforce Services and operates it's own exclusive state fund.

The state does contract with NCCI (National Council on Compensation Insurance) in order to collect and manage policy and statistical data regarding workers compensation, employers' liability and USL&H coverages.

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No money down workers compensation.
$0 Money Down
We're a national leader in Pay As You Go Workers Compensation. We've developed programs designed to help reduce or eliminate down payments and allow employers to report and pay premium based on their actual wages.
Better payment options for workers compensation insurance coverage.
Better Payment Options
We've negotiated special terms with many of our insurance companies in order to offer more flexible payment options like 12 equal installment plans and monthly reporting to help improve cash flow for business owners.
Trusted Choice- Independent Insurance Agents Association.
Help with hard to place workers compensation insurance.
Tough Class Codes
We can offer a quote for some of the toughest NCCI class codes and higher experience modifiers because we've partnered with national carriers who specialize in high hazard industries.
Easy work comp quote.
Faster Quotes
Our partners and underwriters understand that we need to turn quotes quickly so our customers can purchase coverage when they need it. We often turn quotes in less than 24 hours.
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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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