Oil/Gas Wells - Drilling/Operation workers comp rate in Illinois
The filed workers comp rate for class code 1624 D (Oil/Gas Wells - Drilling/Operation) in Illinois is $5.58 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $27,900 in base premium.
Rate per $100 $5.58
Rate type manual_rate
Authority NCCI / state rating bureau
Effective 2024-01-01
vs peers 100%
Confidence HIGH
FAQ
What is the workers comp rate for code 1624 D in Illinois?
The filed workers comp loss cost / rate for NCCI class code 1624 D (Oil/Gas Wells - Drilling/Operation) in Illinois is $5.58 per $100 of payroll, effective 2024-01-01.
How much would I pay in Illinois for code 1624 D on $500,000 of payroll?
At $5.58 per $100, $500,000 of payroll yields a base premium of $27,900 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 1624 D?
TN has the cheapest filed rate for code 1624 D ($1.07) and IL the highest ($5.58). Illinois sits at the 100th percentile across 14 peer states.