Indiana Work Comp Class Codes
Looking for Indiana workers compensation class codes? The Indiana workers compensation classifications are governed by the Indiana Compensation Rating Bureau (ICRB). However, Indiana follows the NCCI classification system (For the most part). NCCI is an acronym for the National Council on Compensation Insurance, and they are the governing work comp classification authority for most U.S. states.
You can view our online guide for locating NCCI codes by visiting: https://classcodes.net/ncci-codes/, or clicking the image to the right.
For complete and authoritative classification definitions and guidelines, you will need to purchase an NCCI Scopes Manual.
For other helpful underwriting products and services, you can visit the NCCI Online Catalog, or the IRMI Online Catalog.
Indiana Workers Compensation Rates
Looking for Indiana workers compensation rates? Visit our page for workers compensation rates by state. Our list contains estimated base rates for the state of Indiana. Rates will vary from one insurance company to another. Rates will also vary based on other factors such as:
- Years in business
- Experience Modification Rate (MOD)
- Size of deductible
- Years of consecutive coverage / gaps in coverage
- Financial condition of the company
- Trajection of the company size (increase or decrease)
- Employee turnover rate
- Quality of safety programs (if any)
- Employee return-to-work programs
- And many other factors!
Indiana Workers Compensation State ResourcesIndiana Compensation Rating Bureau (ICRB) 5920 Castleway West Drive Indianapolis, IN 46250 (317) 842-2800 https://www.icrb.net/ Indiana Department of Insurance 311 West Washington Street Suite 103 Indianapolis, IN 46204 (317) 232-2385. https://www.in.gov/idoi/ Workers Compensation Board of Indiana 402 West Washington Street Room W-196
Indianapolis, Indiana 46204 https://www.in.gov/
Indiana Workers Compensation Forms:
- Acord 130 Form
- Acord 130 Instructions
- PEO Application
- Temporary Employment Contractor – Supplemental Application
Experience Rating Overview for Indiana
The experience rating is applied to the base rate for the work comp classification code, and this gives the company their actual WC rate. Essentially, the experience rating modifies or adjusts the employers premium based on their past loss history. The concept is simple, a good claim history results in lower insurance premiums, while poor claims history results in higher insurance premiums.
Indiana Workers Compensation Class Codes