Workers’ comp insurance cost for electricians in Montana

Q: What does workers' comp cost electrical contractors in Montana?

Modeled from the 2024 filed manual rate of $3.22 per $100 of payroll: a <5-employee electrical shop lands around $1.7k–$6.7k per year before experience mods and schedule credits.

Q: What drives the rate up or down?

Three levers: payroll (the exposure base), claims history (the experience modifier), and schedule credits/debits the insurer applies. Electrical wiring work is NCCI class 5190 — it covers electrical wiring within buildings, including installation of fixtures and appliances.

Published 2026-06-05 · Updated 2026-06-11 · by Brokly

Direct answer: Montana electrical contractors pay a filed workers’-comp manual rate of $3.22 per $100 of payroll (2024 filed rate) — the 7th-highest of 51 US jurisdictions. Modeled on real payrolls, most <5-employee electrical contractors land around $1.7k–$6.7k/yr, before experience mods and schedule credits.

66% of MT electrical contractors have <5 employees — the chart below prices every size band from its own observed payroll.
Montana sits 7th of 51: NJ pays more ($4.75), GA less ($2.93).
Workers’ comp is one of several coverages — see everything your electrical shop needs in Montana →

What do Montana electrical contractors pay for workers’ comp?

Modeled annual premium across the real size distribution of MT electrical contractors

bar height = how many electrical contractors are that size · figures = modeled annual cost

typical · most MT electrical contractors

▼

<5 emp

≈$3k/yr

5–9 emp

≈$12k/yr

10–19 emp

≈$29k/yr

20–49 emp

≈$77k/yr

SMALLER

MID-SIZE

LARGER

A <5-employee MT electrical shop: modeled $1.7k–$6.7k/yr in workers’-comp premium (that band’s own average wage, before experience mods and schedule credits). Bar heights show how many of the 549 MT electrical contractors fall in each size band.

Cohort: size distribution of 549 MT electrical contractors (Census CBP 2023); premiums modeled from one filed rate ($3.22/$100 payroll, 2024). Bands shown cover 539 of 549 establishments (98.2%) — 10 establishments in larger, very small-count, or data-suppressed size bands are not shown. 2023 payroll dollars, not inflation-adjusted. Illustrative benchmark — not a quote or coverage recommendation.

Filed manual rate (MT)

$3.22 / $100 payroll

as of 2024

Typical <5-employee electrical shop (66% of MT)

$1.7k–$6.7k / yr modeled

as of 2024 · CBP 2023

Sources: Oregon DCBS workers' compensation premium rate ranking study, June 2025 (calendar-year 2024 rates) (as of calendar year 2024, retrieved 2026-06-04) · US Census County Business Patterns 2023, state file (Electrical contractors (NAICS 238210)) (as of 2023, retrieved 2026-06-05)

How does Montana compare to nearby ranks?

Calculated manual rates, $ per $100 payroll, NCCI class 5190 (Electrical Wiring — Within Buildings), 2024. See all 51 jurisdictions →

Rank	State	Rate / $100 payroll
3	Hawaii	$4.46
4	Illinois	$3.38
5	Wyoming	$3.32
6	Florida	$3.23
7	Montana	$3.22
8	Connecticut	$3.21
9	South Carolina	$3.09
10	Vermont	$3.04
11	New Hampshire	$2.97

Sources: Oregon DCBS workers' compensation premium rate ranking study, June 2025 (calendar-year 2024 rates) (as of calendar year 2024, retrieved 2026-06-04)

Frequently asked questions

What does workers' comp cost electrical contractors in Montana?

Modeled from the 2024 filed manual rate of $3.22 per $100 of payroll: a <5-employee electrical shop lands around $1.7k–$6.7k per year before experience mods and schedule credits.

What drives the rate up or down?

Three levers: payroll (the exposure base), claims history (the experience modifier), and schedule credits/debits the insurer applies. Electrical wiring work is NCCI class 5190 — it covers electrical wiring within buildings, including installation of fixtures and appliances.

Electricians in nearby-ranked states: Connecticut ($3.21) · Florida ($3.23) · South Carolina ($3.09) · Illinois ($3.38)

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Illustrative benchmark — not a quote or coverage recommendation. Figures are modeled from public filings and Census data for 549 Montana electrical contractors; your premium depends on your payroll, claims history, and carrier.