Workers' Compensation

The following rates are being provided to assist you in deciding if you wish to apply for Workers’ Compensation Insurance through the Farmers Insurance Pool.

2010 POLICY YEAR

(Rates per $100 of Payroll)
The Special Compensation Fund Assessment and WCRA Surcharge are itemized separately from the rate.
Please call for an exact quote.

CLASSIFICATION	CODE	POOL RATES
General Farm Labor	0006	$ 6.07
Hand Cultivation	0008	$ 3.45
Machine Shop	3632	$ 4.09
Clerical Office Employees	8810	$ 0.22
Please contact the Pool Office for Quotes on Other Classifications                             applicable to your operation!

Workers' Comp policies through the Farmers Insurance Pool includes Employers' Liability Insurance coverage with $1,000,000 limits.

Your policy will also include a standard fee for the Expense Constant and Terrorism Risk Insurance Act; and, if eligible for an Experience Modification (E-mod), a surcharge or credit will be applied to the policy as determined by the State Bureau of Workers' Compensation for each policyholder.

Please call Janell, Corine or Brenda for further information regarding the Pool's workers' compensation insurance program.

(Rates are subject to change without notice)

In Minnesota, workers' compensation insurance is compulsory when your agriculture payroll exceeds $45,656 annually, but optional when under $8,000 in payroll. Purchasing a farm liability policy of $300,000 AND medical pay of $5,000 (both must be on the farm liability policy) precludes buying workers' compensation insurance in Minnesota for payrolls between $8,000 to $45,656. Please check with your agent if you wish to be covered under your farm liability policy.