NEXT leads for workers' comp insurance in Maine because of its customer service and comprehensive coverage options. Simply Business and The Hartford offer equally reliable alternatives for business owners, with all three providers delivering similarly strong performance.
Workers' Comp Insurance in Maine
NEXT tops our analysis as the best workers' comp insurance provider in Maine with a 4.61 out of 5 overall score.
Compare top Maine workers' comp insurance providers and find your ideal coverage.
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Updated: September 10, 2025
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Key Takeaways
NEXT, Simply Business and The Hartford lead Maine's workers' comp insurance market with the highest overall ratings.
Your business type, number of employees, past claims and available budget determine which workers' comp provider fits best in Maine.
Compare quotes from multiple providers, check their industry knowledge and review past performance to find the right workers' comp coverage in Maine.
Best Workers' Comp Insurance Companies in Maine
| NEXT | 4.61 | 1 |
| Simply Business | 4.53 | 2 |
| The Hartford | 4.51 | 3 |
| Coverdash | 4.46 | 4 |
| biBERK | 4.43 | 5 |
| Nationwide | 4.42 | 6 |
| Thimble | 4.40 | 7 |
| Progressive Commercial | 4.38 | 8 |
| Hiscox | 4.38 | 8 |
| Chubb | 4.27 | 9 |
How Did We Determine These Rates and Rankings?
These rates are estimates based on MoneyGeek's analysis of small businesses with two employees across 79 major industries. Actual rates vary based on your business location, industry risk factors, claims history, coverage limits and individual insurer underwriting criteria. Contact insurers directly for personalized quotes.
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LEARN MORE ABOUT BUSINESS INSURANCE IN MAINE
While workers' compensation is required, your company might need additional insurance. Here are other types of coverage:
Best Maine Workers’ Comp Insurance Reviews
NEXT and Simply Business are the best workers' compensation insurance providers in Maine.
NEXT
Best Overall Provider
MoneyGeek Rating
4.6/ 5
4.4/5Affordability
4.7/5Customer Experience
4.8/5Coverage Options
Average Monthly Premium
$59We analyzed thousands of workers' compensation quotes from insurers operating in Maine across 79 industriesOur Survey: Claims Process
3.9/5Our Survey: Recommend to Others
4.8/5
Simply Business
Runner-Up Best Provider
MoneyGeek Rating
4.5/ 5
4.6/5Affordability
4.2/5Customer Experience
4.9/5Coverage Options
Average monthly premium
$61Based on average costs across policiesOur survey: Claims process
4.5/5Rating from customer satisfaction surveyOur survey: Recommend to others
4.5/5Percentage of customers who would recommend this provider
Cheapest Workers' Comp Insurance Companies in Maine
Maine businesses can get affordable workers' comp coverage through NEXT at $59 monthly ($713 annually). Maine employers have solid alternatives with Thimble and Simply Business, offering competitive rates at $61 per month each. The table below shows costs from all companies we analyzed:
| NEXT | $59 | $713 |
| Thimble | $61 | $729 |
| Simply Business | $61 | $730 |
| Hiscox | $62 | $741 |
| The Hartford | $62 | $747 |
| Coverdash | $63 | $751 |
| Progressive Commercial | $63 | $751 |
| biBERK | $65 | $778 |
| Nationwide | $70 | $845 |
| Chubb | $73 | $876 |
How Did We Determine These Rates?
These rates are for small businesses with two employees across 79 major industries or business types and focus solely on workers’ comp policies. Your actual premium depends on where your business is located, what industry you're in, how many employees you have, and other factors insurers consider.
Average Cost of Workers’ Comp Insurance in Maine
Workers' compensation insurance in Maine costs businesses an average of $64 per month or $766 annually. Maine's rates run $10 below the national monthly average of $74. Your business's actual premium depends on industry risk level, number of employees, total payroll and past claims experience.
Average Cost of Workers' Comp in Maine by Industry
In Maine, workers' compensation insurance costs vary dramatically by industry risk level. Speech therapists pay the lowest premiums at $5 per month, while roofing businesses face the highest rates at $726 monthly. This substantial difference reflects the varying workplace injury risks across industries in Maine.
| Accountants | $18 | $212 |
| Ad Agency | $14 | $167 |
| Auto Repair | $131 | $1,576 |
| Automotive | $102 | $1,218 |
| Bakery | $46 | $558 |
| Barber | $12 | $148 |
| Beauty Salon | $13 | $152 |
| Bounce House | $35 | $420 |
| Candle | $35 | $414 |
| Cannabis | $72 | $867 |
| Catering | $64 | $765 |
| Cleaning | $42 | $508 |
| Coffee Shop | $41 | $489 |
| Computer Programming | $24 | $294 |
| Computer Repair | $21 | $252 |
| Construction | $159 | $1,903 |
| Consulting | $26 | $317 |
| Contractor | $144 | $1,730 |
| Courier | $194 | $2,327 |
| DJ | $12 | $148 |
| Daycare | $12 | $140 |
| Dental | $10 | $118 |
| Dog Grooming | $56 | $675 |
| Drone | $23 | $277 |
| Ecommerce | $19 | $227 |
| Electrical | $50 | $599 |
| Engineering | $33 | $397 |
| Excavation | $93 | $1,116 |
| Florist | $53 | $635 |
| Food | $37 | $438 |
| Food Truck | $40 | $477 |
| Funeral Home | $23 | $280 |
| Gardening | $41 | $487 |
| HVAC | $54 | $652 |
| Handyman | $81 | $966 |
| Home-based | $9 | $105 |
| Hospitality | $60 | $723 |
| Janitorial | $42 | $508 |
| Jewelry | $26 | $308 |
| Junk Removal | $122 | $1,460 |
| Lawn/Landscaping | $33 | $391 |
| Lawyers | $46 | $549 |
| Manufacturing | $51 | $613 |
| Marine | $131 | $1,568 |
| Massage | $13 | $151 |
| Mortgage Broker | $12 | $145 |
| Moving | $229 | $2,745 |
| Nonprofit | $28 | $332 |
| Painting | $122 | $1,462 |
| Party Rental | $32 | $382 |
| Personal Training | $22 | $261 |
| Pest Control | $62 | $738 |
| Pet | $27 | $320 |
| Pharmacy | $6 | $66 |
| Photography | $15 | $178 |
| Physical Therapy | $6 | $71 |
| Plumbing | $56 | $669 |
| Pressure Washing | $73 | $873 |
| Real Estate | $26 | $312 |
| Restaurant | $55 | $656 |
| Retail | $30 | $366 |
| Roofing | $726 | $8,710 |
| Security | $45 | $540 |
| Snack Bars | $38 | $454 |
| Software | $23 | $274 |
| Spa/Wellness | $15 | $180 |
| Speech Therapist | $5 | $63 |
| Startup | $11 | $136 |
| Tech/IT | $24 | $285 |
| Transportation | $197 | $2,368 |
| Travel | $6 | $73 |
| Tree Service | $191 | $2,298 |
| Trucking | $235 | $2,819 |
| Tutoring | $9 | $106 |
| Veterinary | $17 | $205 |
| Wedding Planning | $25 | $296 |
| Welding | $102 | $1,220 |
| Wholesale | $35 | $418 |
| Window Cleaning | $182 | $2,183 |
How Much Workers' Comp Insurance Do I Need in Maine?
Maine requires most businesses with employees to carry workers' compensation insurance. This applies as soon as an employer hires their first employee, ensuring workers have protection from day one.
Maine imposes strict penalties for non-compliance, including fines up to $10,000 and possible criminal charges.
Sole proprietors
Business owners operating alone without employees can typically opt out of workers' comp coverage for themselves while maintaining required coverage for any future hires
Corporate officers
Executive officers owning at least 25% of company stock may elect to exclude themselves by filing a written waiver with the state workers' compensation board
Real estate agents
Licensed real estate professionals working on commission basis are usually exempt when operating as independent contractors rather than agency employees
Agricultural workers
Small farms with limited seasonal workers or family members often qualify for exemption from mandatory coverage requirements
Domestic workers
Household employees working fewer than 40 hours per week or earning below state threshold may be exempt from coverage requirements
Independent contractors
Workers who maintain control over their work methods and schedule while providing services to multiple clients typically qualify as exempt contractors
Religious organizations
Members of religious orders performing duties for their organization are generally exempt from mandatory workers' comp coverage
Professional athletes
Athletes in certain professional sports leagues may be covered under separate injury protection agreements rather than standard workers' comp
How to Get the Best Workers' Comp Insurance in Maine
While workers' compensation insurance in Maine might seem complex, affordable coverage options are available to protect your team and maintain reasonable business insurance costs. Take time to compare insurance rates from multiple providers and evaluate their coverage options and claims handling processes to find the right fit for your business.
- 1
Check coverage requirements
Most Maine businesses must carry workers' comp insurance when hiring employees
- 2
Collect business details
Prepare accurate payroll records, employee count and job classifications before requesting quotes.
- 3
Get multiple insurance quotes
Contact at least three different insurance carriers for quotes.
- 4
Find industry-specific experience
Select insurers who understand your industry's unique risks.
- 5
Review provider performance
Check each insurer's claim processing times and complaint history. Consider benefits like workplace safety programs or return-to-work assistance.
- 6
Review policy details
Examine coverage limits and exclusions carefully. Consider flexible payment options, including pay-as-you-go.
- 7
Schedule annual coverage review
Review your policy yearly as business changes can affect your coverage needs
Maine Workers’ Comp: Bottom Line
Maine offers several strong options for workers' compensation insurance. Our analysis shows NEXT, Simply Business and The Hartford leading the pack as top providers. Business owners should compare quotes from these insurers, as coverage needs vary based on industry type and company size.
Maine Workers' Comp Insurance: FAQ
Understanding workers' comp insurance requirements and costs in Maine often presents challenges for business owners. Find answers to your most pressing questions in our comprehensive FAQ section below.
Is workers' comp insurance required for all Maine businesses?
Maine law requires businesses with one or more employees to carry workers' compensation insurance. Sole proprietors, independent contractors and seasonal agricultural workers are typically exempt. Corporate officers who own at least 20% of company stock can also waive coverage. Noncompliant employers face fines up to $10,000 and potential criminal penalties including jail time.
How much does workers' comp insurance cost in Maine?
NEXT offers the most affordable workers' comp insurance in Maine at $59 per month ($713 annually). Final rates depend on your business's industry risk level, number of employees, payroll size and claims history.
What does workers' comp insurance cover in Maine?
Maine workers' compensation insurance covers medical expenses and partial wage replacement for work-related injuries or illnesses. The coverage includes physical therapy, medications and lost wages during recovery. It also protects employers from lawsuits. Coverage applies to employees but not independent contractors.
Which workers' comp insurance company is best in Maine?
NEXT leads Maine's workers' comp providers with a 4.61 score, excelling in customer service (4.70) and comprehensive coverage options. Simply Business follows at 4.53, offering the best coverage variety (4.90), while The Hartford ranks third with 4.51, distinguished by strong customer support. Choose based on your priority: service quality, coverage breadth or industry expertise.
What happens if I don't have workers' comp insurance in Maine?
Operating without workers' compensation insurance in Maine is illegal. Employers face fines up to $10,000, potential jail time and business closure. The Maine Workers' Compensation Board enforces compliance and can issue stop-work orders. Uninsured employers must also pay all medical expenses and lost wages if workers get injured on the job.
Do sole proprietors need workers' comp insurance in Maine?
No, sole proprietors in Maine are exempt from workers' compensation requirements since they're not considered employees.
How do I choose the right workers' comp insurance company in Maine?
Get several quotes from workers' comp insurers to compare rates and coverage options.
How We Scored the Best Workers' Comp Insurance Companies in Maine
- Affordability (50%): Cost drives every small business insurance decision in Maine's expensive market. We compared monthly premiums across all companies, since even comprehensive policies won't help if you can't afford them.
- Customer experience (30%): When your employee gets hurt, you'll need an insurer that handles claims quickly and treats injured workers fairly. We used J.D. Power ratings, Maine Department of Insurance complaint data and independent reviews.
- Coverage options (15%): We evaluated each company's policy flexibility, add-on options and coverage limitations for specific Maine industries and regulatory requirements.
- Financial strength (5%): Premium savings don't matter if your insurer struggles financially. We checked AM Best ratings to ensure recommended carriers can deliver on their promises.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.