# Workers Compensation Quoted-Rate Calculator — United States

> Check a quoted workers-compensation rating calculation for one confirmed payroll class. USD planning view; stated limitations apply.

Page: https://askcalculators.com/us/workers-comp/
Definition: https://askcalculators.com/us/workers-comp/definition.json
JSON Schema: https://askcalculators.com/us/workers-comp/schema.json
Version: 20.16.0
Maintained by: AskCalculators (software project; not a credentialed reviewer)
Qualified review: pending. Automated checks do not establish professional approval.
Page status: Live
Review status: Pending

## Use
Open the calculator page and enter values. Query-string parameters can restore and bookmark a calculation.
Example: https://askcalculators.com/us/workers-comp/?coveredPayroll=500000&classRate=2&experienceModifier=1&scheduleModifier=1&minimumPremium=0&fees=0

## Inputs
- coveredPayroll: Payroll in the confirmed class; type=money; required; default=500000; min=0; max=1000000000000
- classRate: Confirmed class rate per 100 payroll; type=money; required; default=2; min=0; max=1000000000000
- experienceModifier: Confirmed experience modifier; type=number; required; default=1; min=0.01; max=10
- scheduleModifier: Confirmed schedule modifier; type=number; required; default=1; min=0.01; max=10
- minimumPremium: Quoted minimum premium; type=money; required; default=0; min=0; max=1000000000000
- fees: Explicit fees and assessments; type=money; required; default=0; min=0; max=1000000000000

## Outputs
- manualPremium: Manual class premium; format=currency
- modifiedPremium: Modified class premium; format=currency
- totalPremium: Modeled premium and fees; format=currency; primary

## Formula
manual premium = covered payroll/100 × confirmed class rate; apply explicit modifiers and quoted minimum.

Inputs are converted to canonical units before evaluating this stated formula.

## Rules
- Empty optional inputs are undefined, not zero.
- Hidden conditional inputs are ignored.
- Do not invent missing required inputs.

Notice: Illustrative defaults are not local quotes or verified legal rules. Dated reference components and user-entered assumptions are explicitly distinguished. Professional review is pending.