Nevada · National Council on Compensation

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.

Rate per $100 $3.57
Rate type manual_rate
Authority National Council on Compensation
Effective 2024-03-01
vs peers 93%
Confidence HIGH

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.