Farm - Sod Farming workers comp rate in Rhode Island
The filed workers comp rate for class code 0050 (Farm - Sod Farming) in Rhode Island is $2.87 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $14,350 in base premium.
Rate per $100 $2.87
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-08-01
vs peers 55%
Confidence HIGH
FAQ
What is the workers comp rate for code 0050 in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 0050 (Farm - Sod Farming) in Rhode Island is $2.87 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 0050 on $500,000 of payroll?
At $2.87 per $100, $500,000 of payroll yields a base premium of $14,350 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 0050?
NY has the cheapest filed rate for code 0050 ($1.00) and CA the highest ($6.27). Rhode Island sits at the 55th percentile across 22 peer states.