Underground Salt Mining workers comp rate in Rhode Island
The filed workers comp rate for class code 1430 (Underground Salt Mining) in Rhode Island is $2.53 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $12,650 in base premium.
Rate per $100 $2.53
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-08-01
vs peers 89%
Confidence HIGH
FAQ
What is the workers comp rate for code 1430 in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 1430 (Underground Salt Mining) in Rhode Island is $2.53 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 1430 on $500,000 of payroll?
At $2.53 per $100, $500,000 of payroll yields a base premium of $12,650 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 1430?
UT has the cheapest filed rate for code 1430 ($0.650) and HI the highest ($4.68). Rhode Island sits at the 89th percentile across 19 peer states.