Intrepid Insurance Company’s average rate increase by +16.03% — effective 9/1/2026
09/16/2026
Intrepid Insurance Company has filed new California workers’ compensation base rates with the California Department of Insurance for policies effective September 1, 2026.
How are average rates changing?
| Issuing Company | Average Rate
9/1/2025 | Average Rate
9/1/2026 | % Change |
|---|
| Intrepid Insurance Company | 5.24 | 6.08 | +16.03% |
*Average rate calculation does not include per capita or per race rates (7707 – Firefighters – volunteers, 7722 – Police, Sheriffs – volunteers, or 8278 – Jockeys).
Does the average change apply to every policy?
Not necessarily. A carrier’s average rate change provides useful context, but individual class rates may move differently. The effect on a specific policy depends on the classifications and exposures involved.
The examples below show how some of Intrepid Insurance Company’s individual advisory rates are changing compared with the prior policy period.
| Class – Description | Advisory Rate
9/1/2025 | Advisory Rate
9/1/2026 | % Change |
|---|
| 8389 - Auto/Truck Repair Facilities | 3.04 | 4.30 | +41.45% |
| 8397 - Auto/Truck Transmission Repair/Rebuild | 4.86 | 6.40 | +31.69% |
| 8393 - Auto/Truck Body Repairing/Painting | 3.12 | 3.76 | +20.51% |
| 3840 - Auto/Truck/Motorcycle Parts Mfg | 5.63 | 6.75 | +19.89% |
| 3831 - Machine Shops–aircraft components | 3.57 | 3.74 | +4.76% |
| 3808 - Auto/Motorcycle Mfg/Assembling | 5.76 | 5.56 | -3.47% |
What does this mean for an individual account?
The average rate increase is only a starting point. To understand the potential effect on a specific policy, review the applicable classifications and compare how those rates changed.
With WorkCompare, users can generate a Pre-Quote Estimate to evaluate how current rate changes may affect potential pricing before formal quotes arrive.