Get a quote for workers insurance

Introduction

Insurance and Care NSW (icare) provides a quote tool to help you estimate your workers compensation premium.

If you are an employer in NSW you must have a workers insurance policy unless you are considered an ‘exempt employer'.

You may be exempt if:

• you pay $7,500 or less in annual wages
• you do not employ an apprentice or trainee
• you’re not a member of a group for premium purposes.

Even if you are exempt, if one of your workers is injured you must provide assistance with injury management and return to work.

Eligibility

The estimator is not intended to provide estimates of premium calculations for employers who:

• employ contractors
• belong to a group for workers insurance purposes
• have estimated annual wages of $7,500 or less 
• work with asbestos
• are involved in coal mining. 

What you need

• your business activity or your Workers Compensation Industry Classification (WIC)
• your total number of employees and annual wages. 

If applicable, information on your:

• apprentices (total number and wages)
• contractors (total number, contract type and value, labour costs)
• workers exposed to asbestos (total number and wages, description of work). 

How to get a quote

1. Select the 'Get a quote' button.
2. Follow the prompts to get a quote. 

More information

• Details provided on contractors and/or workers exposed to asbestos will be included in your premium when you take out a policy.
• The estimator provides indicative figures only.
• The total premium paid depends on a number of factors including:
  • your industry
  • the amount of wages paid to your workers
  • the costs of any claims made by your workers (experience-rated employers only)
  • any incentives, discounts or premium adjustments
  • the dust diseases levy.