Oregon Workers' Compensation Rates

Oregon workers' compensation rates see slight decrease in 2024.

Rates for Workers' Compensation Insurance in the state of Oregon are very low compared to most other states. On average, Oregon rates are about 27% lower than the national average. Oregon workers' comp rates have decreased by more than 10 percent since 2016. Oregon ranks in the top 10 least expensive states for workers' comp coverage.

Oregon is an NCCI state like most other states. This means that NCCI oversees employers' experience modifiers and collects all data for the state including claims, class codes, premiums, and payroll. They analyze this data and make annual recommendations to carriers and to the Oregon Department of Insurance. Every Insurance company is required to file their rates with the state for approval each year.

Workers' compensation rates do vary for the same class codes in Oregon because insurance companies can apply policy credits and debits up to 25% to adjust their filed rates. More discounts may also be added to a policy depending on the size of payroll and overall claims experience.

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