Workers' comp rates in Oklahoma depend on your industry and team size. Find answers to common coverage questions below.
Best Workers' Comp Insurance in Oklahoma
With rates starting at $5 monthly, The Hartford, ERGO NEXT and Simply Business offer the cheapest and best workers' comp insurance in Oklahoma.
Get matched to top Oklahoma workers’ comp insurance providers and find your ideal coverage.
Select your industry
Select state
Updated: January 23, 2026
Advertising & Editorial Disclosure
Best Oklahoma Workers' Comp Insurance: Fast Answers
What are the best and cheapest workers' comp insurance providers in Oklahoma?
ERGO NEXT offers the top cheap workers' compensation insurance in Oklahoma. The following are the state's cheapest and best workers' comp insurance providers and their average monthly rates:
- The Hartford: $65
- ERGO NEXT: $65
- Simply Business: $66
- Coverdash: $69
- biBerk: $71
Is workers' comp insurance required in Oklahoma?
Oklahoma requires workers' compensation insurance for most employers with one or more employees, including part-time and seasonal workers. Sole proprietors without employees, independent contractors and certain agricultural workers are exempt. Employers without required coverage face penalties up to $1,000 per employee and potential criminal charges.
How much does workers' comp insurance cost in Oklahoma?
Workers' compensation insurance costs $823 annually for a two-person Oklahoma business, or $411 per employee. Costs vary by industry and payroll. Speech therapists pay the least at $67 yearly per employee. Roofing contractors pay the most at $4,619 per employee annually.
How do you get workers' comp insurance in Oklahoma?
You can get workers' comp coverage in Oklahoma by:
- Purchasing from licensed private insurance companies operating in the state
- Buying coverage through the assigned risk pool if standard market options aren't available
- Qualifying for self-insurance if your business meets Oklahoma's financial and operational requirements
Many business owners compare quotes online or through brokers to get the best rate and compliance support.
What does Oklahoma workers' comp insurance cover?
Workers' compensation in Oklahoma covers:
- Medical expenses for work-related injuries and occupational illnesses
- Income replacement benefits during recovery periods
- Permanent disability compensation for lasting impairments
- Death benefits for families of workers killed on the job
Best Workers' Comp Insurance Companies in Oklahoma
The Hartford leads workers' comp insurance in Oklahoma with strong financial stability and extensive coverage options. ERGO NEXT and Simply Business rank second and third for Oklahoma small business owners.
| The Hartford | 4.61 | $65 | 2 | 3 |
| ERGO NEXT | 4.60 | $65 | 1 | 2 |
| Simply Business | 4.52 | $66 | 5 | 1 |
| Coverdash | 4.45 | $69 | 6 | 2 |
| biBERK | 4.43 | $71 | 2 | 5 |
| Progressive Commercial | 4.40 | $67 | 7 | 5 |
| Hiscox | 4.37 | $67 | 4 | 6 |
| Thimble | 4.35 | $67 | 8 | 5 |
| Chubb | 4.26 | $80 | 3 | 4 |
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.
Get Matched to Top Workers' Comp Insurers in Oklahoma
Select your industry and state to get a customized Oklahoma workers' comp quote from your top provider match.
Industry
State
LEARN MORE ABOUT THE BEST BUSINESS INSURANCE IN OKLAHOMA
Explore the best business insurance providers in Oklahoma through our guides:
Best Oklahoma Workers’ Comp Insurance Company Reviews
Review a detailed breakdown of our top-rated workers' comp insurers in Oklahoma below:
The Hartford
Best Workers' Comp Insurance in Oklahoma
MoneyGeek Rating
4.6/ 5
4.6/5Affordability
4.6/5Customer Experience
4.7/5Coverage Points
Average Monthly Workers' Comp Premium
$65We analyzed thousands of workers' compensation quotes from insurers operating in Oklahoma across 79 industriesWorkers' Comp Claims Processing Score
4.5/5 (1st)Rating based on MoneyGeek's customer satisfaction surveyWorkers' Comp Customer Likelihood to Be Recommended to Others Score
4.5/5 (2nd)Likelihood customers would recommend The Hartford
ERGO NEXT
Best Oklahoma Workers' Comp Insurance: Runner-Up
MoneyGeek Rating
4.6/ 5
4.4/5Affordability
4.7/5Customer Experience
4.8/5Coverage Points
Average Monthly Worker's Comp Premium
$65Based on average costs across business typesWorker's Comp Digital Experience Score
4.8/5 (1st)Rating from customer satisfaction surveyWorker's Comp Customer Likelihood to Be Recommended to Others Score
4.8/5 (1st)Percentage of customers who would recommend ERGO NEXT
Cheapest Workers' Comp Insurance Companies in Oklahoma
ERGO NEXT offers Oklahoma's most affordable workers' comp coverage at $65 monthly ($780 annually), 6% below the state average of $69 monthly. The Hartford matches ERGO NEXT's rate at $65 monthly, while Simply Business charges $66 monthly.
The table below shows costs from all companies we analyzed.
| ERGO NEXT | $65 | $780 |
| The Hartford | $65 | $785 |
| Simply Business | $66 | $796 |
| Thimble | $67 | $798 |
| Progressive Commercial | $67 | $802 |
| Hiscox | $67 | $809 |
| Coverdash | $69 | $823 |
| biBERK | $71 | $850 |
| Chubb | $80 | $960 |
How Did We Determine These Rates?
These rates represent small businesses with two employees across 79 major industries and focus solely on workers' comp policies. Your actual premium depends on your business location, industry, employee count, claims history, coverage limits and other factors insurers consider.
Cheapest Workers' Comp in Oklahoma by Industry
ERGO NEXT offers the lowest workers' comp rates for automotive businesses at $100 monthly ($1,203 annually). ERGO NEXT provides the cheapest rates across 32 industries, including accounting, bakery and veterinary sectors. The Hartford ranks second with competitive rates across 22 industries, including wedding planning and specialized contractor services.
| Accountants | ERGO NEXT | $18 | $216 |
| Ad Agency | ERGO NEXT | $14 | $163 |
| Auto Repair | Thimble | $134 | $1,609 |
| Automotive | ERGO NEXT | $100 | $1,203 |
| Beauty Salon | The Hartford | $13 | $151 |
| Bakery | ERGO NEXT | $46 | $557 |
| Barber | ERGO NEXT | $12 | $149 |
| Cannabis | Chubb | $91 | $1,092 |
| Bounce House | The Hartford | $35 | $416 |
| Candle | The Hartford | $35 | $418 |
| Cleaning | The Hartford | $42 | $499 |
| Catering | Simply Business | $64 | $773 |
| Computer Programming | Thimble | $25 | $296 |
| Coffee Shop | ERGO NEXT | $40 | $478 |
| Construction | The Hartford | $161 | $1,928 |
| Computer Repair | The Hartford | $21 | $249 |
| Contractor | Progressive Commercial | $143 | $1,719 |
| Consulting | ERGO NEXT | $27 | $319 |
| DJ | ERGO NEXT | $12 | $144 |
| Courier | Simply Business | $198 | $2,375 |
| Daycare | Simply Business | $12 | $141 |
| Dental | ERGO NEXT | $10 | $115 |
| Electrical | The Hartford | $51 | $607 |
| Dog Grooming | ERGO NEXT | $56 | $672 |
| Drone | ERGO NEXT | $23 | $275 |
| Ecommerce | ERGO NEXT | $19 | $225 |
| Excavation | Thimble | $94 | $1,132 |
| Engineering | The Hartford | $33 | $392 |
| Food | ERGO NEXT | $37 | $439 |
| Florist | The Hartford | $52 | $630 |
| Funeral Home | ERGO NEXT | $24 | $282 |
| Food Truck | ERGO NEXT | $40 | $478 |
| Gardening | ERGO NEXT | $41 | $495 |
| Home-based | ERGO NEXT | $9 | $106 |
| Handyman | The Hartford | $84 | $1,011 |
| Jewelry | Progressive Commercial | $26 | $316 |
| Hospitality | The Hartford | $60 | $715 |
| HVAC | ERGO NEXT | $54 | $653 |
| Janitorial | Thimble | $42 | $506 |
| Lawn/Landscaping | Progressive Commercial | $33 | $394 |
| Junk Removal | The Hartford | $122 | $1,463 |
| Marine | Progressive Commercial | $129 | $1,547 |
| Lawyers | The Hartford | $46 | $549 |
| Manufacturing | ERGO NEXT | $53 | $638 |
| Mortgage Broker | ERGO NEXT | $12 | $143 |
| Massage | Thimble | $13 | $150 |
| Painting | The Hartford | $121 | $1,448 |
| Moving | Simply Business | $227 | $2,726 |
| Nonprofit | ERGO NEXT | $28 | $333 |
| Personal Training | Simply Business | $22 | $262 |
| Party Rental | ERGO NEXT | $32 | $383 |
| Pest Control | ERGO NEXT | $60 | $720 |
| Pet | ERGO NEXT | $27 | $319 |
| Pharmacy | The Hartford | $6 | $66 |
| Physical Therapy | Thimble | $6 | $71 |
| Photography | Thimble | $15 | $179 |
| Real Estate | The Hartford | $26 | $316 |
| Plumbing | The Hartford | $56 | $677 |
| Pressure Washing | Chubb | $91 | $1,092 |
| Retail | The Hartford | $30 | $364 |
| Restaurant | The Hartford | $55 | $664 |
| Snack Bars | Thimble | $37 | $447 |
| Roofing | Chubb | $909 | $10,906 |
| Security | The Hartford | $46 | $547 |
| Spa/Wellness | ERGO NEXT | $15 | $182 |
| Software | ERGO NEXT | $24 | $283 |
| Speech Therapist | The Hartford | $5 | $64 |
| Tech/IT | ERGO NEXT | $23 | $281 |
| Startup | ERGO NEXT | $11 | $137 |
| Travel | ERGO NEXT | $6 | $75 |
| Transportation | Thimble | $201 | $2,412 |
| Tree Service | Progressive Commercial | $196 | $2,349 |
| Wholesale | Progressive Commercial | $35 | $422 |
| Trucking | ERGO NEXT | $235 | $2,815 |
| Tutoring | Thimble | $9 | $104 |
| Veterinary | ERGO NEXT | $17 | $203 |
| Wedding Planning | The Hartford | $25 | $302 |
| Welding | ERGO NEXT | $101 | $1,216 |
| Window Cleaning | Simply Business | $181 | $2,170 |
How Much Is Workers' Comp Insurance in Oklahoma?
Oklahoma businesses pay $69 monthly ($823 annually) for workers' comp insurance cost, which runs about $5 below the national average of $74. Costs vary by industry, from $6 monthly ($3 per employee) for speech therapists to $770 monthly ($385 per employee) for roofers.
| Accountants | $19 | $228 |
| Ad Agency | $15 | $176 |
| Auto Repair | $142 | $1,705 |
| Automotive | $109 | $1,303 |
| Bakery | $50 | $597 |
| Barber | $13 | $159 |
| Beauty Salon | $14 | $164 |
| Bounce House | $37 | $447 |
| Candle | $38 | $453 |
| Cannabis | $78 | $939 |
| Catering | $69 | $825 |
| Cleaning | $46 | $548 |
| Coffee Shop | $43 | $519 |
| Computer Programming | $26 | $318 |
| Computer Repair | $22 | $269 |
| Construction | $171 | $2,053 |
| Consulting | $28 | $340 |
| Contractor | $154 | $1,850 |
| Courier | $211 | $2,537 |
| DJ | $13 | $157 |
| Daycare | $13 | $150 |
| Dental | $10 | $124 |
| Dog Grooming | $60 | $721 |
| Drone | $25 | $299 |
| Ecommerce | $20 | $242 |
| Electrical | $54 | $645 |
| Engineering | $36 | $426 |
| Excavation | $100 | $1,196 |
| Florist | $57 | $680 |
| Food | $40 | $477 |
| Food Truck | $43 | $516 |
| Funeral Home | $25 | $299 |
| Gardening | $44 | $526 |
| HVAC | $59 | $707 |
| Handyman | $88 | $1,054 |
| Home-based | $9 | $113 |
| Hospitality | $65 | $783 |
| Janitorial | $46 | $548 |
| Jewelry | $28 | $335 |
| Junk Removal | $130 | $1,564 |
| Lawn/Landscaping | $35 | $422 |
| Lawyers | $49 | $593 |
| Manufacturing | $56 | $668 |
| Marine | $139 | $1,673 |
| Massage | $14 | $162 |
| Mortgage Broker | $13 | $155 |
| Moving | $244 | $2,923 |
| Nonprofit | $30 | $358 |
| Painting | $131 | $1,576 |
| Party Rental | $34 | $412 |
| Personal Training | $23 | $280 |
| Pest Control | $65 | $783 |
| Pet | $29 | $345 |
| Pharmacy | $6 | $71 |
| Photography | $16 | $192 |
| Physical Therapy | $6 | $77 |
| Plumbing | $60 | $720 |
| Pressure Washing | $78 | $933 |
| Real Estate | $28 | $334 |
| Restaurant | $59 | $709 |
| Retail | $32 | $389 |
| Roofing | $770 | $9,238 |
| Security | $49 | $585 |
| Snack Bars | $40 | $486 |
| Software | $25 | $298 |
| Spa/Wellness | $16 | $194 |
| Speech Therapist | $6 | $67 |
| Startup | $12 | $147 |
| Tech/IT | $25 | $303 |
| Transportation | $215 | $2,583 |
| Travel | $7 | $80 |
| Tree Service | $208 | $2,493 |
| Trucking | $251 | $3,012 |
| Tutoring | $9 | $113 |
| Veterinary | $18 | $216 |
| Wedding Planning | $26 | $318 |
| Welding | $110 | $1,317 |
| Wholesale | $37 | $450 |
| Window Cleaning | $193 | $2,316 |
Oklahoma Workers' Comp Insurance Cost Factors
These cost factors affect workers' compensation insurance rates in Oklahoma:
2013 Workers' Compensation Reform
Oklahoma's workers' comp system shifted from courts to administrative processes in 2013. The reform reduced excessive attorney involvement; lawyers appeared in routine claims three times more often than the national average under the old system. Loss costs dropped 64% between 2011 and 2018, with another 9.2% decrease approved for 2025. Insurers process claims faster and cheaper, passing savings to Oklahoma small businesses through lower premiums.
Policy Credits and Debits
Oklahoma allows insurers to adjust your base rate by up to 25% based on their evaluation of your business. Safety practices, management experience and operational controls all factor into this adjustment. Two Oklahoma roofing companies with identical payrolls can pay different premiums; one insurer may apply a 20% credit for strong safety protocols, while another charges a 20% debit for perceived risks. This creates up to a 40% price gap between carriers for the same coverage. Compare quotes from multiple insurers to find competitive rates.
Owner Minimum Payroll Requirements
Oklahoma requires business owners who elect workers' comp coverage to use minimum payroll figures for premium calculations. Sole proprietors, partners and LLC members must use $51,300 as their payroll base for 2024, even if actual earnings fall below this amount. Corporate officers face a $52,000 minimum and $202,800 maximum. A sole proprietor earning $35,000 but wanting coverage pays premiums based on $51,300. Oklahoma implemented these rules because owners often underreport compensation, and insurers need adequate premiums to cover potential claims.
NCCI Rating System Administration
The National Council on Compensation Insurance manages Oklahoma's experience modification system, tracking your claims history against industry benchmarks. Your Experience Modification Rate (EMR) starts at 1.0 as a new business, then adjusts after three years based on actual claims. An EMR of 0.85 cuts your premium 15% because you filed fewer claims than expected. An EMR of 1.30 increases costs 30% due to above-average claims. One significant claim during your first three years can result in increased rates once your EMR is activated, making early safety investments important for Oklahoma businesses.
CompSource Oklahoma (State Fund)
CompSource Oklahoma serves as the state's guaranteed coverage option when private insurers decline your business. High-hazard industries like tree services or roofing, or recent claims that make you uninsurable in the standard market, qualify you for CompSource. Rates run 20% to 40% higher than private market options because CompSource covers the riskiest businesses. Once you improve your claims record, you can shop back to private carriers for better pricing. CompSource works as a temporary solution rather than a permanent one.
How Much Workers' Comp Insurance Do I Need in Oklahoma?
Oklahoma law mandates workers' compensation insurance for nearly all employers, regardless of employee count. Your coverage amounts depend on total payroll and industry classification, not fixed dollar limits. Policies must provide unlimited medical benefits and wage replacement at 70% of average weekly wages, up to $1,083.46 weekly for 2025 injuries.
Failing to maintain required workers' compensation coverage results in misdemeanor charges, fines and potential business closure. Exemptions apply only to family businesses with five or fewer blood relatives and certain agricultural operations under $100,000 annual payroll.
Oklahoma Workers' Comp Insurance Exemptions
While you're often required to have coverage in Oklahoma, some business categories are exempt from workers' comp requirements:
- Sole proprietors, partners and self-employed individuals: If you're self-employed, operate as a sole proprietor or work as a partner, you're automatically exempt from coverage requirements but can voluntarily purchase a policy using a $51,300 minimum payroll for premium calculations.
- LLC members and corporate officers with 10% or more ownership: Business owners holding at least 10% ownership in an LLC or corporation are exempt but can elect coverage, with LLC members using $51,300 minimum payroll and corporate officers between $52,000 and $202,800.
- "Family of five or fewer" for sole proprietorships only: Your sole proprietorship qualifies for exemption if you employ five or fewer workers who are all related to you by blood or marriage (corporations, partnerships and LLCs cannot claim this exemption, even with all-family staff).
- Agricultural and horticultural employers under $100,000 payroll: Farm and horticultural businesses are exempt when total annual payroll stays below $100,000 in the previous calendar year.
- Commission-based real estate brokers and household workers: Licensed real estate brokers working strictly on commission are exempt, as are domestic employees when total household payroll remains under $10,000 annually.
- Independent contractors: Independent contractors aren't considered employees under Oklahoma law, though businesses hiring subcontractors should verify their coverage to avoid liability for injuries.
- Truck owner-operators and youth sports employees: Owner-operators of truck-tractors and drive-away operators are specifically exempt, along with employees of tax-exempt youth sports leagues.
FEDERAL WORKERS' COMP PROGRAMS OVERRIDE STATE REQUIREMENTS
Certain workers in Oklahoma follow federal compensation laws instead of state requirements. Federal civilian employees fall under the Federal Employees' Compensation Act, while railroad workers are covered by the Federal Employers' Liability Act. Maritime and longshore workers follow the Longshore and Harbor Workers' Compensation Act. If you employ workers in these federal programs, they don't need Oklahoma state workers' comp coverage since federal law provides their benefits and claim procedures.
How to Get the Best Workers' Comp Insurance in Oklahoma
Here's how to get workers' comp insurance with the right provider at the best price.
- 1Determine if you need workers' comp coverage in Oklahoma
Check whether your business structure qualifies for Oklahoma's exemptions. Sole proprietors, LLC members owning 10% or more of capital, and corporate stockholders with 10% ownership don't need to carry coverage for themselves. Small family businesses with five or fewer employees related by blood or marriage also qualify for exemption.
- 2Gather your business information
You'll need your employee count, annual payroll figures and NCCI classification codes for accurate quotes. Oklahoma uses the NCCI classification system with around 700 industry codes, and getting these wrong means surprise audit bills or discovering you lack coverage when filing a claim.
Construction businesses need to pay close attention since Oklahoma allows insurers to apply policy credits or debits up to 25% when calculating premiums. Double-check your payroll and classification codes before requesting quotes. Inaccurate numbers cost you money through overpaying or undercoverage.
- 3Request workers' comp quotes from multiple carriers
Compare quotes from at least three insurers to evaluate the cost of your coverage. Include CompSource Mutual in your requests. This statutorily created entity serves as Oklahoma's backup carrier and competes directly with private insurers.
The Oklahoma Insurance Department approved a 9.2% decrease in workers' comp loss costs for 2025, which means lower premiums for many businesses. CompSource's pricing often influences private carriers, but it's rarely your cheapest option. Put quotes side by side to find the best deal for your situation.
- 4Research providers with industry experience
Beyond finding cheap business insurance rates, prioritize insurers who understand your specific business risks and classification codes. Construction companies should focus on carriers specializing in high-risk industries who understand Oklahoma's safety requirements. Office-based businesses can work with general commercial insurers.
Oklahoma consistently ranks as one of the more expensive states for workers' comp, currently 17th nationally with average rates about 11% higher than the national median. Finding an insurer with Oklahoma expertise helps you navigate the state's unique requirements and potentially qualify for the maximum 25% policy credits.
- 5Evaluate your top provider options
Research each insurer's track record to find the best insurance for your business:
- Check claim processing times, customer service ratings and complaint history with the Oklahoma Insurance Department.
- Verify the insurer's experience modification rate calculation process, since NCCI issues EMRs and collects data for Oklahoma.
- Ask about safety consultation services and return-to-work programs that reduce future claims.
- Confirm whether the carrier offers certified workplace medical plan options, which may provide premium discounts.
- 6Review and purchase your workers' compensation policy
Read policy terms carefully, focusing on coverage limits, exclusions and renewal conditions. If you're a sole proprietor, partner or LLC member electing coverage, you'll need to use a minimum payroll amount of $51,300 for rating purposes in 2024. Corporate officers face a minimum of $52,000 and maximum of $202,800 for premium calculations.
Choose payment options that work for your cash flow. Pay-as-you-go workers' comp structures work well for seasonal businesses or those with fluctuating payroll, letting you make payments based on actual payroll instead of estimates. Businesses required to carry coverage but unable to secure it through private carriers can purchase policies through the Oklahoma assigned risk market administered by CompSource Mutual.
- 7Reassess before annual renewal
Review how your business changed over the past year. Check your employee count, examine any claims filed and see where your experience modification rate stands.
Your business may have hired additional employees or expanded operations. With the 9.2% decrease in loss costs for 2025, your renewal might bring lower rates even without claims-free history. Let your insurer know about business changes so you're not underinsured or overpaying. Request updated quotes if your original carrier's renewal rates seem high compared to current market conditions.
Best Oklahoma Workers' Compensation Insurance: Bottom Line
The Hartford, ERGO NEXT and Simply Business top our rankings, though the right pick depends on your specific industry, team size and budget. Get quotes first, then look at how each insurer handles businesses like yours.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. He has analyzed the insurance market for over five years, conducting original research for insurance shoppers. His insights have been featured in 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!
He writes about economics and insurance, breaking down complex topics so people know what they're buying.
sources
- Insurance Journal. "Oklahoma Governor Signs Workers' Compensation Overhaul." Accessed January 28, 2026.
- Insurance Journal. "Oklahoma Lawmakers Pass Workers' Comp Reform Legislation." Accessed January 28, 2026.
- National Council on Compensation Insurance. "ABCs of Experience Rating." Accessed January 28, 2026.
- Oklahoma Insurance Department. "Insurance Commissioner Approves Loss-Cost Reduction for 2025 Workers' Compensation." Accessed January 28, 2026.
- Oklahoma Workers' Compensation Court of Existing Claims. "Employer's FAQ." Accessed January 28, 2026.