Worker’s Comp Premium Calculator

Workers Comp Estimator

Enter your details below to generate an estimate of your Worker's Comp premiums. Note: these rates are valid for TN only, if you’re interested in another state please contact us with the information below.

Class Code Class Description Payroll

Enter your experience modification value. (numeric only)


This calculation is only an indication of premium based solely on the information entered, you will need to actually speak to a representative of Shafer Insurance Agency to get a bindable quote. This calculator is for illustration only and in no way is an actual insurance policy





Dollar amounts above represent 3 tiers of rates, good, better, and best. Talk with your agent about these rates and which tier applies to your business.

If you would like to start the process to buy a policy, click below. You will be taken to a form to enter your contact information and a representative from Shafer will contact you ASAP.



Monthly FlexPayment: (More Information)

Do any of these apply to you?

I have a drug-free workplace. (5% discount *)

I have a written Return to Work policy. (Up to 5% discount *)

I have had no work comp losses in the last 3 years. (Up to 10% discount *)

We are members of the Knoxville Chamber. (Up to 5% membership dividend benefit *)

* The minimum policy premium is $750.00; discounts cannot reduce the premium below the minimum.