Workers' Comp Insurance for Trucking Businesses in Colorado

Local trucking (NCCI 7228) and long-distance (7229) are differentiated by operating radius. Owner-operators may be exempt as sole proprietors but most freight brokers require coverage. Loading and unloading drives most claims in Colorado. The Colorado workers' compensation market is governed by NCCI, and the average rate statewide is approximately $0.92 per $100 of payroll.

Colorado requirements for trucking businesses

When required: Required for any employer with one or more employees, full or part-time.

Sole proprietors: Sole proprietors are exempt unless they elect coverage.

Owner / officer exclusion: Corporate officers may reject coverage by filing rejection of coverage form.

Trucking class codes used in Colorado

Why trucking workers' comp is tricky in Colorado

Trucking is heavily regulated and most carriers require strict driver qualification files. New ventures (under 3 years operating) have very limited markets. We can place new ventures and rough loss histories.

Tips for Colorado trucking companies

• ✓ Local vs long-haul = different rates; document operating radius
• ✓ Driver qualification files are required for renewal — keep them current
• ✓ Pay-as-you-go aligns premium with seasonal freight cycles
• ✓ Owner-operators may be exempt depending on state

Trucking workers' comp in other states

Rates and requirements for trucking companies vary widely by state. Compare Colorado to other major markets:

Other industries in Colorado

Colorado workers' comp rates and requirements for other common industries: