Surface Metal Mining workers comp rate in Rhode Island
The filed workers comp rate for class code 1320 (Surface Metal Mining) in Rhode Island is $1.16 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $5,800 in base premium.
Rate per $100 $1.16
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-08-01
vs peers 67%
Confidence HIGH
Source quote
"CLASS CODE 1320 LOSS COST 1.16"
From National Council on Compensation, effective 2024-08-01.
FAQ
What is the workers comp rate for code 1320 in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 1320 (Surface Metal Mining) in Rhode Island is $1.16 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 1320 on $500,000 of payroll?
At $1.16 per $100, $500,000 of payroll yields a base premium of $5,800 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 1320?
UT has the cheapest filed rate for code 1320 ($0.360) and IL the highest ($3.09). Rhode Island sits at the 67th percentile across 21 peer states.