Biscuit Manufacturing workers comp rate in Rhode Island
The filed workers comp rate for class code 2131 (Biscuit Manufacturing) in Rhode Island is $1.24 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $6,200 in base premium.
Rate per $100 $1.24
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-08-01
vs peers 74%
Confidence HIGH
Source quote
"CLASS CODE 2131 LOSS COST 1.24"
From National Council on Compensation, effective 2024-08-01.
FAQ
What is the workers comp rate for code 2131 in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 2131 (Biscuit Manufacturing) in Rhode Island is $1.24 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 2131 on $500,000 of payroll?
At $1.24 per $100, $500,000 of payroll yields a base premium of $6,200 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 2131?
UT has the cheapest filed rate for code 2131 ($0.350) and NJ the highest ($2.67). Rhode Island sits at the 74th percentile across 19 peer states.