Effective October 1, 2026, Nevada is increasing the workers’ comp payroll cap from $36,000 to $98,433 per employee (and the cap will adjust annually based on inflation).
Why It Matters
If payroll isn’t updated ahead of renewal, the premium audit can identify underreported payroll later and trigger a large, unexpected additional premium bill. Proactive payroll conversations help set expectations, reduce audit surprises, and support a better customer experience.
If payroll isn’t updated ahead of renewal, the premium audit can identify underreported payroll later and trigger a large, unexpected additional premium bill. Proactive payroll conversations help set expectations, reduce audit surprises, and support a better customer experience.
What You Should Do
1. Review policies with Nevada exposures 60 days (2 months) prior to a policies renewal date.
2. Confirm updated payroll in EBC for the upcoming term before renewal so premium reflects current exposures.
3. Reinforce with customers that accurate payroll up front can reduce premium variability at audit.
Important: This change applies to all agents who write business in Nevada.
Questions? Contact your Territory Manager or Underwriter.
