Surface Coal Mining workers comp rate in Alabama
The filed workers comp rate for class code 1016 (Surface Coal Mining) in Alabama is $8.58 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $42,900 in base premium.
Rate per $100 $8.58
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 64%
Confidence HIGH
FAQ
What is the workers comp rate for code 1016 in Alabama?
The filed workers comp loss cost / rate for NCCI class code 1016 (Surface Coal Mining) in Alabama is $8.58 per $100 of payroll, effective 2024-03-01.
How much would I pay in Alabama for code 1016 on $500,000 of payroll?
At $8.58 per $100, $500,000 of payroll yields a base premium of $42,900 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 1016?
AK has the cheapest filed rate for code 1016 ($1.11) and KY the highest ($43.34). Alabama sits at the 64th percentile across 14 peer states.