Farm - Vegetable Growing workers comp rate in Kentucky
The filed workers comp rate for class code 0016 (Farm - Vegetable Growing) in Kentucky is $1.53 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $7,650 in base premium.
Rate per $100 $1.53
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 25%
Confidence HIGH
Source quote
"CLASS 0016 LOSS COST 1.53"
From National Council on Compensation, effective 2024-01-01.
FAQ
What is the workers comp rate for code 0016 in Kentucky?
The filed workers comp loss cost / rate for NCCI class code 0016 (Farm - Vegetable Growing) in Kentucky is $1.53 per $100 of payroll, effective 2024-01-01.
How much would I pay in Kentucky for code 0016 on $500,000 of payroll?
At $1.53 per $100, $500,000 of payroll yields a base premium of $7,650 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 0016?
UT has the cheapest filed rate for code 0016 ($0.960) and CA the highest ($6.53). Kentucky sits at the 25th percentile across 20 peer states.