Oil/Gas Wells - Drilling/Operation workers comp rate in Indiana
The filed workers comp rate for class code 1624 D (Oil/Gas Wells - Drilling/Operation) in Indiana is $1.38 per $100 of payroll , effective 2023-01-01. On $500,000 of payroll, that's roughly $6,900 in base premium.
Rate per $100 $1.38
Rate type manual_rate
Authority Indiana Compensation Rating
Effective 2023-01-01
vs peers 21%
Confidence HIGH
FAQ
What is the workers comp rate for code 1624 D in Indiana?
The filed workers comp loss cost / rate for NCCI class code 1624 D (Oil/Gas Wells - Drilling/Operation) in Indiana is $1.38 per $100 of payroll, effective 2023-01-01.
How much would I pay in Indiana for code 1624 D on $500,000 of payroll?
At $1.38 per $100, $500,000 of payroll yields a base premium of $6,900 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). Indiana sits at the 21th percentile across 14 peer states.