Workers’ comp insurance cost for electricians in Nevada

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

Modeled from the 2024 filed manual rate of $1.53 per $100 of payroll: a <5-employee electrical shop lands around $980–$3.9k 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: Nevada electrical contractors pay a filed workers’-comp manual rate of $1.53 per $100 of payroll (2024 filed rate) — the 44th-highest of 51 US jurisdictions. Modeled on real payrolls, most <5-employee electrical contractors land around $980–$3.9k/yr, before experience mods and schedule credits.

48% of NV electrical contractors have <5 employees — the chart below prices every size band from its own observed payroll.
Nevada sits 44th of 51: IA pays more ($1.76), AR less ($1.17).
Workers’ comp is one of several coverages — see everything your electrical shop needs in Nevada →

What do Nevada electrical contractors pay for workers’ comp?

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

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

typical · most NV electrical contractors

▼

<5 emp

≈$1.6k/yr

5–9 emp

≈$5.8k/yr

10–19 emp

≈$14k/yr

20–49 emp

≈$33k/yr

50–99 emp

≈$78k/yr

100–249 emp

≈$180k/yr

SMALLER

MID-SIZE

LARGER

A <5-employee NV electrical shop: modeled $980–$3.9k/yr in workers’-comp premium (that band’s own average wage, before experience mods and schedule credits). Bar heights show how many of the 710 NV electrical contractors fall in each size band.

Cohort: size distribution of 710 NV electrical contractors (Census CBP 2023); premiums modeled from one filed rate ($1.53/$100 payroll, 2024). Bands shown cover 705 of 710 establishments (99.3%) — 5 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 (NV)

$1.53 / $100 payroll

as of 2024

Typical <5-employee electrical shop (48% of NV)

$980–$3.9k / 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 Nevada 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
40	Michigan	$1.73
41	Kentucky	$1.73
42	Ohio	$1.59
43	Oregon	$1.56
44	Nevada	$1.53
45	District of Columbia	$1.52
46	Virginia	$1.38
47	Indiana	$1.23
48	Utah	$1.21

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 Nevada?

Modeled from the 2024 filed manual rate of $1.53 per $100 of payroll: a <5-employee electrical shop lands around $980–$3.9k 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: Oregon ($1.56) · Virginia ($1.38) · Indiana ($1.23) · Kentucky ($1.73)

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Illustrative benchmark — not a quote or coverage recommendation. Figures are modeled from public filings and Census data for 710 Nevada electrical contractors; your premium depends on your payroll, claims history, and carrier.