Workers’ comp insurance cost for trucking companies in New Jersey

Q: What does workers' comp cost trucking companies in New Jersey?

Modeled from the 2024 filed manual rate of $5.15 per $100 of payroll: a <5-employee trucking company lands around $2.3k–$9.3k 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. Trucking operations fall under NCCI class 7219 (Trucking: All) — drivers and all employees of for-hire carriers. The business cohort here is all truck transportation (NAICS 484), local and long-haul.

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

Direct answer: New Jersey trucking companies pay a filed workers’-comp manual rate of $5.15 per $100 of payroll (2024 filed rate) — the 28th-highest of 51 US jurisdictions. Modeled on real payrolls, most <5-employee trucking companies land around $2.3k–$9.3k/yr, before experience mods and schedule credits.

72% of NJ trucking companies have <5 employees — the chart below prices every size band from its own observed payroll.
New Jersey sits 28th of 51: CO pays more ($5.79), AZ less ($3.95).
Workers’ comp is one of several coverages — see everything your trucking company needs in New Jersey →

What do New Jersey trucking companies pay for workers’ comp?

Modeled annual premium across the real size distribution of NJ trucking companies

bar height = how many trucking companies are that size · figures = modeled annual cost

typical · most NJ trucking companies

▼

<5 emp

≈$3.1k/yr

5–9 emp

≈$19k/yr

10–19 emp

≈$39k/yr

20–49 emp

≈$110k/yr

50–99 emp

≈$210k/yr

100–249 emp

≈$490k/yr

SMALLER

MID-SIZE

LARGER

A <5-employee NJ trucking company: modeled $2.3k–$9.3k/yr in workers’-comp premium (that band’s own average wage, before experience mods and schedule credits). Bar heights show how many of the 4,868 NJ trucking companies fall in each size band.

Cohort: size distribution of 4,868 NJ trucking companies (Census CBP 2023); premiums modeled from one filed rate ($5.15/$100 payroll, 2024). Bands shown cover 4,855 of 4,868 establishments (99.7%) — 13 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 (NJ)

$5.15 / $100 payroll

as of 2024

Typical <5-employee trucking company (72% of NJ)

$2.3k–$9.3k / 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 (Truck transportation (NAICS 484)) (as of 2023, retrieved 2026-06-05)

How does New Jersey compare to nearby ranks?

Calculated manual rates, $ per $100 payroll, NCCI class 7219 (Trucking: All Employees & Drivers), 2024. See all 51 jurisdictions →

Rank	State	Rate / $100 payroll
24	New Mexico	$5.75
25	Wyoming	$5.72
26	Alaska	$5.64
27	Oregon	$5.60
28	New Jersey	$5.15
29	Kansas	$4.70
30	Mississippi	$4.51
31	Utah	$4.50
32	Kentucky	$4.34

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 trucking companies in New Jersey?

Modeled from the 2024 filed manual rate of $5.15 per $100 of payroll: a <5-employee trucking company lands around $2.3k–$9.3k 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. Trucking operations fall under NCCI class 7219 (Trucking: All) — drivers and all employees of for-hire carriers. The business cohort here is all truck transportation (NAICS 484), local and long-haul.

Trucking companies in nearby-ranked states: Kansas ($4.70) · Oregon ($5.60) · Alaska ($5.64) · Mississippi ($4.51)

Stay informed

We’ll notify you when we’re ready to benchmark your trucking company’s coverage.

No spam — one email.

Illustrative benchmark — not a quote or coverage recommendation. Figures are modeled from public filings and Census data for 4,868 New Jersey trucking companies; your premium depends on your payroll, claims history, and carrier.