July 29, 2025Published by admin on July 29, 2025Categories Business Finance business insurance Employee Benefits Insurance Premiums Insurance Rates Premium Calculation Risk Management Small Business Workers Compensation Quote Workers' Compensation workplace safetyWorkers Comp Rates Explained: Why Two Similar Businesses Pay Different PremiumsWorkers' comp rates vary due to factors like claims history, payroll size, and industry risk classification. Even similar businesses may pay different premiums based on their unique risk profiles and safety records.