Vermont is an NCCI loss-cost state, and it’s unusually transparent about it: the Department of Financial Regulation posts the complete advisory loss cost tables on its website each year. As everywhere in the loss-cost system, carriers apply their own multipliers — the published values anchor the market, the multiplier sets your quote.

The current rate environment in Vermont

Vermont’s trend is strongly downward: the most recent confirmed change was a 7.4% voluntary loss cost decrease (11.3% for assigned risk) effective April 1, 2025, and DFR has posted new advisory loss cost tables effective April 1, 2026. Renewals should be re-rated on the current tables — a policy priced on old values is leaving money on the table.

Where to find official Vermont rate data

The full per-class tables are public: DFR posts the current Vermont advisory loss costs (effective April 1, 2026) as a downloadable document. These are loss costs — carrier multipliers, experience mods, and credits turn them into your premium, which is where comparison shopping does its work.

What determines your Vermont 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 the NCCI loss costs; in a small-premium state like Vermont, minimum premiums and dividend plans often decide the winner
• Credits and programs — safety programs, dividend plans, and pay-as-you-go options move the net cost

How to get the best rate in Vermont

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 Vermont 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 Vermont workers’ comp guide and Vermont forms & resources for the rest of the picture.

Vermont rate FAQs

Where can I see official Vermont workers’ comp rates?

The Vermont Department of Financial Regulation posts the complete NCCI advisory loss cost tables on its workers’ compensation page, including the tables effective April 1, 2026. Carriers apply their own multipliers to those values.

Are Vermont workers’ comp rates going down?

Yes — the confirmed April 1, 2025 change cut voluntary loss costs 7.4% (assigned risk rates 11.3%), and new tables took effect April 1, 2026. Vermont has seen a sustained run of decreases.

What’s the difference between a loss cost and my rate?

A loss cost covers expected claims only. Your carrier multiplies it by its filed loss cost multiplier — covering expenses and profit — to produce the rate, then experience mods and credits adjust it further. Same loss cost, different carriers, different prices.