Underground Coal Mining workers comp rate in Alabama
The filed workers comp rate for class code 1005 (Underground Coal Mining) in Alabama is $4.16 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $20,800 in base premium.
Rate per $100 $4.16
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 63%
Confidence HIGH
FAQ
What is the workers comp rate for code 1005 in Alabama?
The filed workers comp loss cost / rate for NCCI class code 1005 (Underground Coal Mining) in Alabama is $4.16 per $100 of payroll, effective 2024-03-01.
How much would I pay in Alabama for code 1005 on $500,000 of payroll?
At $4.16 per $100, $500,000 of payroll yields a base premium of $20,800 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 1005?
AK has the cheapest filed rate for code 1005 ($0.450) and KY the highest ($13.53). Alabama sits at the 63th percentile across 19 peer states.