Farm, nursery workers comp rate in Rhode Island
The filed workers comp rate for class code 0005 (Farm, nursery) in Rhode Island is $2.19 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $10,950 in base premium.
Rate per $100 $2.19
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-08-01
vs peers 83%
Confidence HIGH
Source quote
"CLASS CODE 0005 LOSS COST 2.19"
From National Council on Compensation, effective 2024-08-01.
FAQ
What is the workers comp rate for code 0005 in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 0005 (Farm, nursery) in Rhode Island is $2.19 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 0005 on $500,000 of payroll?
At $2.19 per $100, $500,000 of payroll yields a base premium of $10,950 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 0005?
UT has the cheapest filed rate for code 0005 ($0.840) and PA the highest ($5.13). Rhode Island sits at the 83th percentile across 23 peer states.