Knit Goods Mfg. (N.O.C.) workers comp rate in Rhode Island
The filed workers comp rate for class code 2362 (Knit Goods Mfg. (N.O.C.)) in Rhode Island is $1.69 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $8,450 in base premium.
Rate per $100 $1.69
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-08-01
vs peers 71%
Confidence HIGH
Source quote
"CLASS CODE 2362 LOSS COST 1.69"
From National Council on Compensation, effective 2024-08-01.
FAQ
What is the workers comp rate for code 2362 in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 2362 (Knit Goods Mfg. (N.O.C.)) in Rhode Island is $1.69 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 2362 on $500,000 of payroll?
At $1.69 per $100, $500,000 of payroll yields a base premium of $8,450 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 2362?
UT has the cheapest filed rate for code 2362 ($0.480) and CA the highest ($12.18). Rhode Island sits at the 71th percentile across 21 peer states.