Benchmark Insurance Company’s average rate increase by +5.98% — effective 11/1/2026
10/21/2026
Benchmark Insurance Company has filed new California workers’ compensation base rates with the California Department of Insurance for policies effective November 1, 2026.
How are average rates changing?
| Issuing Company | Average Rate
11/1/2025 | Average Rate
11/1/2026 | % Change |
|---|
| Benchmark Insurance Company | 8.03 | 8.51 | +5.98% |
*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 Benchmark Insurance Company’s individual advisory rates are changing compared with the prior policy period.
| Class – Description | Advisory Rate
11/1/2025 | Advisory Rate
11/1/2026 | % Change |
|---|
| 9070 - Residential Care Facilities–elderly | 5.55 | 6.35 | +14.41% |
| 8827 - Home Care Services | 3.06 | 3.40 | +11.11% |
| 9085 - Residential Care–development disabled | 3.72 | 4.02 | +8.06% |
| 5432 - Carpentry–high wage | 10.16 | 9.97 | -1.87% |
| 6218 - Excavation–low wage | 10.44 | 10.09 | -3.35% |
| 5187 - Plumbing–high wage | 5.34 | 5.12 | -4.12% |
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.