Kentucky is an NCCI loss-cost state: NCCI files advisory loss costs with the Department of Insurance, and carriers apply their own multipliers. Kentucky’s claim trends have produced one of the longest unbroken runs of rate relief in the country.

The current rate environment in Kentucky

The most recent confirmed change was an 8.4% decrease in voluntary-market loss costs effective January 1, 2025 — Kentucky’s 19th consecutive annual decrease. NCCI’s regular filing cycle anticipates annual updates each January; we track the approvals so our clients’ renewals reflect the current values.

Where to find official Kentucky rate data

Kentucky does not publish a free per-class loss cost table — NCCI values are subscription products, and the Department of Insurance publishes filing approvals. What’s public and useful: the Department of Workers’ Claims’ free coverage lookup, and your own policy’s class codes and mod worksheet — the two documents we review first on every Kentucky account.

What determines your Kentucky premium

• Class codes — every job type carries its own rate; misclassification is the most common cause of overpayment
• Payroll — premium is calculated per $100 of payroll, by class
• Experience mod — your claims history versus similar businesses scales the whole premium up or down
• Carrier pricing — carriers file multipliers over NCCI loss costs; after 19 straight decreases, carriers differ widely in how much of the trend their pricing has absorbed
• Credits and programs — safety programs, dividend plans, and pay-as-you-go options move the net cost

How to get the best rate in Kentucky

The rate tables are only the starting point: the carrier you land with, the accuracy of your class codes, and how your payroll is reported decide what you actually pay. We quote Kentucky businesses across a dozen A-rated markets and show you the comparison — including pay-as-you-go billing that matches premium to actual payroll. See our Kentucky workers’ comp guide and Kentucky forms & resources for the rest of the picture.

Kentucky rate FAQs

Are Kentucky workers’ comp rates going down?

Yes — Kentucky recorded its 19th consecutive annual loss cost decrease with an 8.4% cut effective January 1, 2025, one of the longest runs of rate relief in the country.

Who needs workers’ comp coverage in Kentucky?

Coverage is required from the first employee, with agriculture the principal exemption. Part-time and seasonal staff count.

How do I make sure my Kentucky premium reflects the rate decreases?

Confirm your renewal is rated on current loss costs, verify class codes, and comparison-shop — carriers absorb a 19-year trend at different speeds, and switching often captures decreases your incumbent hasn’t passed through.