Oil or Gas Lease Operations - Well Perforating workers comp rate in Alabama
The filed workers comp rate for class code 2688 (Oil or Gas Lease Operations - Well Perforating) in Alabama is $1.06 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $5,300 in base premium.
Rate per $100 $1.06
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 45%
Confidence HIGH
FAQ
What is the workers comp rate for code 2688 in Alabama?
The filed workers comp loss cost / rate for NCCI class code 2688 (Oil or Gas Lease Operations - Well Perforating) in Alabama is $1.06 per $100 of payroll, effective 2024-03-01.
How much would I pay in Alabama for code 2688 on $500,000 of payroll?
At $1.06 per $100, $500,000 of payroll yields a base premium of $5,300 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 2688?
UT has the cheapest filed rate for code 2688 ($0.390) and CA the highest ($7.04). Alabama sits at the 45th percentile across 22 peer states.