Workers’ comp insurance cost for electricians in New Hampshire

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

Direct answer: New Hampshire electrical contractors pay a filed workers’-comp manual rate of $2.97 per $100 of payroll (2024 filed rate) — the 11th-highest of 51 US jurisdictions. Modeled on real payrolls, most <5-employee electrical contractors land around $1.9k–$7.6k/yr, before experience mods and schedule credits.

What do New Hampshire electrical contractors pay for workers’ comp?

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

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

typical · most NH electrical contractors
<5 emp
$3.5k/yr
5–9 emp
$11k/yr
10–19 emp
$32k/yr
20–49 emp
$68k/yr
50–99 emp
$160k/yr
SMALLER
MID-SIZE
LARGER
A <5-employee NH electrical shop: modeled $1.9k–$7.6k/yr in workers’-comp premium (that band’s own average wage, before experience mods and schedule credits). Bar heights show how many of the 682 NH electrical contractors fall in each size band.

Cohort: size distribution of 682 NH electrical contractors (Census CBP 2023); premiums modeled from one filed rate ($2.97/$100 payroll, 2024). Bands shown cover 678 of 682 establishments (99.4%) 4 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 (NH)
$2.97 / $100 payroll
as of 2024
Typical <5-employee electrical shop (72% of NH)
$1.9k–$7.6k / 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 New Hampshire compare to nearby ranks?

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

RankStateRate / $100 payroll
7Montana$3.22
8Connecticut$3.21
9South Carolina$3.09
10Vermont$3.04
11New Hampshire$2.97
12Georgia$2.93
13Alabama$2.93
14Oklahoma$2.87
15California$2.78

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 New Hampshire?

Modeled from the 2024 filed manual rate of $2.97 per $100 of payroll: a <5-employee electrical shop lands around $1.9k–$7.6k 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: Georgia ($2.93) · Alabama ($2.93) · South Carolina ($3.09) · Connecticut ($3.21)

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Illustrative benchmark — not a quote or coverage recommendation. Figures are modeled from public filings and Census data for 682 New Hampshire electrical contractors; your premium depends on your payroll, claims history, and carrier.