State Compensation Insurance Fund – LCM 40’s average rate decrease by -1.96% — effective 12/1/2026
11/03/2026
State Compensation Insurance Fund – LCM 40 has filed new California workers’ compensation base rates with the California Department of Insurance for policies effective December 1, 2026.
How are average rates changing?
| Issuing Company | Average Rate
12/1/2025 | Average Rate
12/1/2026 | % Change |
|---|
| State Compensation Insurance Fund – LCM 40 | 7.65 | 7.50 | -1.96% |
*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 State Compensation Insurance Fund – LCM 40’s individual advisory rates are changing compared with the prior policy period.
| Class – Description | Advisory Rate
12/1/2025 | Advisory Rate
12/1/2026 | % Change |
|---|
| 8820 - Law Firms | 0.31 | 0.35 | +12.90% |
| 7219 - Trucking Firms | 10.88 | 12.01 | +10.39% |
| 8868 - Colleges/Schools–private–professionals | 1.17 | 1.27 | +8.55% |
| 42 - Landscape Gardening | 9.43 | 9.19 | -2.55% |
| 5432 - Carpentry–high wage | 9.66 | 8.77 | -9.21% |
| 5553 - Roofing–high wage | 24.31 | 19.99 | -17.77% |
What does this mean for an individual account?
The average rate decrease 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.