Apiary Farm workers comp rate in Alabama
The filed workers comp rate for class code 0401 (Apiary Farm) in Alabama is $5.54 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $27,700 in base premium.
Rate per $100 $5.54
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 39%
Confidence HIGH
FAQ
What is the workers comp rate for code 0401 in Alabama?
The filed workers comp loss cost / rate for NCCI class code 0401 (Apiary Farm) in Alabama is $5.54 per $100 of payroll, effective 2024-03-01.
How much would I pay in Alabama for code 0401 on $500,000 of payroll?
At $5.54 per $100, $500,000 of payroll yields a base premium of $27,700 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 0401?
UT has the cheapest filed rate for code 0401 ($1.77) and HI the highest ($13.21). Alabama sits at the 39th percentile across 18 peer states.