The Best Time to Review Your Workers’ Comp Policy — Here’s Why
Did you know that January marks the highest volume of Workers’ Compensation policy renewals in the country?
This makes January a critical window when businesses actively review their coverage and look for better options. And this year, the timing is especially important. Here’s what’s happening in the market:
January = peak renewal season for Workers’ Compensation policies
Many other commercial insurance lines are seeing rate increases across multiple industries
Several competitors are increasing Workers’ Compensation rates, even for historically stable classes
However, there’s good news.
1.Rate Decreases for Select Industries - Effective January 1, 2026
While the overall California Workers’ Compensation rate is increasing by +1.5%, several key industries are seeing significant rate decreases effective:
- January 1, 2026 for new business
- January 1, 2026 for renewal business
We’ve attached a list of high-potential class codes and industries that are experiencing notable decreases, including professional services, manufacturing, warehousing, specialty trades, and more.
2.Why this matters to you
If your business falls under one of these class codes, you may be:
- Overpaying at renewal
- Missing an opportunity for immediate savings
- Renewing with a carrier that is increasing rates unnecessarily
A quick review of your Workers’ Compensation policy could result in meaningful premium savings—especially during this renewal window.
3.Next step
We encourage you to review your business classification and reach out to us to see if your industry qualifies for these lower rates. There is no obligation—just an opportunity to make sure your coverage and pricing are still working in your favor.
It is the best time to act. Let’s make sure you’re not leaving savings on the table.