Receive a Quote for Workers Compensation


We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!
If an employee falls sick due to their job, or is injured while at work, workers compensation insurance will cover their lost wages, medical expenses, rehab services - and more.
If you're an employer and you don't have workers compensation insurance, you could face huge fines and even jail time. Here's what you need to know and how to get a quote.
Receive a Quote for Workers Compensation
Choose the tab with your state to see who needs workers compensation, whether you might be exempt, and where you can find more information.
NSW | |
---|---|
Who needs it |
|
Who's doesn't need it |
|
Benefits |
|
More information |
VIC | |
---|---|
Who needs it |
|
Who's doesn't need it |
|
Benefits |
|
More information |
QLD | |
---|---|
Who needs it |
|
Who's doesn't need it |
|
Benefits |
|
More information |
WA | |
---|---|
Who needs it |
|
Who's doesn't need it |
|
Benefits |
|
More information |
SA | |
---|---|
Who needs it |
|
Who's doesn't need it |
|
Benefits |
|
More information |
TAS | |
---|---|
Who needs it |
|
Who's doesn't need it |
|
Benefits |
|
More information |
ACT | |
---|---|
Who needs it |
|
Who's doesn't need it |
|
Benefits |
|
More information |
NT | |
---|---|
Who needs it |
|
Who's doesn't need it |
|
Benefits |
|
More information |
State | How insurers work out the cost |
---|---|
NSW | For 2020-2021, the average premium rate is 1.4%. This means you multiply the amount you spend on remuneration by 1.4% to get a rough idea of your workers comp premium. However, the premium rate can vary depending on industry. The more dangerous the industry, the higher the premium rate. Your premium may also be impacted by your claims history. |
VIC | For 2020-2021, the average premium rate is 1.272%. This means you multiply the amount you spend on remuneration by 1.272% to get a rough idea of your workers comp premium. However, the premium rate can vary depending on industry. The more dangerous the industry, the higher the premium rate. Your premium may also be impacted by your claims history. |
QLD | For 2020-2021, the average premium rate is 1.2%. This means you multiply the amount you spend on remuneration by 1.2% to get a rough idea of your workers comp premium. However, the premium rate can vary depending on industry. The more dangerous the industry, the higher the premium rate. Your premium may also be impacted by your claims history. |
WA | For 2020-2021, the average recommended premium rate is 1.638%. This means you multiply the amount you spend on remuneration by 1.638% to get a rough idea of your workers comp premium. However, the premium rate can vary depending on industry. The more dangerous the industry, the higher the premium rate. Your premium may also be impacted by your claims history and even which insurer you choose. It's particularly important to compare prices if you live in WA. |
TAS | For 2020-2021, the average recommended premium rate is 2.22% of wages. This means you multiply the amount you spend on remuneration by 2.22% to get a rough idea of your workers comp premium. However, the premium rate can vary depending on industry. The more dangerous the industry, the higher the premium rate. Your premium may also be impacted by your claims history and even which insurer you choose. It's particularly important to compare prices if you live in TAS. |
ACT | For 2020-2021, the average receomended premium rate is 2.33%. This means you multiply the amount you spend on remuneration by 2.33% to get a rough idea of your workers comp premium. However, the premium rate can vary depending on industry. The more dangerous the industry, the higher the premium rate. Your premium may also be impacted by your claims history and even which insurer you choose. It's particularly important to compare prices if you live in ACT. |
SA | For 2020-2021, the average receomended premium rate is 1.2%. This means you multiply the amount you spend on remuneration by 1.2% to get a rough idea of your workers comp premium. However, the premium rate can vary depending on industry. The more dangerous the industry, the higher the premium rate. Your premium may also be impacted by your claims history. |
NT | Each business is assigned a rate relative to the risk of their industry. Your gross annual spend on wages is then multiplied by this rate to get your premium. However, your premium may also be impacted by claims history or even which insurer you choose. |
Workers compensation claims are decided on a case by case basis and rules vary between states. Here's a general overview.
What's covered | More info |
---|---|
| Employees are generally covered if they're on-site |
| Employees are covered in NSW, VIC, QLD and NT. |
| The ACT covers commutes without restrictions. |
| Employees can still make claims for illnesses and injuries that happen outside the workplace, but they'll have to prove their employment was a main contributing factor. |
| Employees are covered while undertaking work-related travel. Conditions are stricter in VIC than in other states. |
Workers compensation won't cover everything. Here are a few things that are always excluded, regardless of which state you're in.
Exclusion | More info |
---|---|
| This includes being under the influence of drugs or alcohol, committing a crime. However, death and serious injury benefits may still apply |
| Employees can't make a claim for death, injury or illness that was self-inflicted. |
| If the employee lied about pre-existing conditions, they may be excluded from making a related claim. |
Looking to protect your income in case of a serious accident or illness? Consider getting combined sickness and accident insurance.
Find out your disability cover options here with our detailed overview and comparison.
Learn about the different types of life insurance available in Australia, and when you might need to take out cover.
Learn how buy sell insurance actually works and organise cover with a consultant to protect your business and loved ones.
Find out how term life insurance actually works and receive quotes for cover securely.
Nurture your dream of starting a daycare company with this step-by-step guide.
The tradies guide to income protection insurance.
Finder asked 1,066 Australians about the top three perks they’d like their employer to provide in a post-COVID workplace.
Not sure what life insurance is? We take you through the basics of life insurance with our easy to understand guide.
Find life insurance for medical workers. Insurance that covers the unique risks faced by frontline medical professionals.