Oil/Gas Wells - Drilling/Operation workers comp rate in Nevada
The filed workers comp rate for class code 1624 D (Oil/Gas Wells - Drilling/Operation) in Nevada is $3.57 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $17,850 in base premium.
Source quote
"1624D 3.57 874"
From National Council on Compensation, effective 2024-03-01.
FAQ
What is the workers comp rate for code 1624 D in Nevada?
The filed workers comp loss cost / rate for NCCI class code 1624 D (Oil/Gas Wells - Drilling/Operation) in Nevada is $3.57 per $100 of payroll, effective 2024-03-01.
How much would I pay in Nevada for code 1624 D on $500,000 of payroll?
At $3.57 per $100, $500,000 of payroll yields a base premium of $17,850 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). Nevada sits at the 93th percentile across 14 peer states.