Rhode Island · National Council on Compensation

Oil or Gas Lease Operations - Well Perforating workers comp rate in Rhode Island

The filed workers comp rate for class code 2688 (Oil or Gas Lease Operations - Well Perforating) in Rhode Island is $1.09 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $5,450 in base premium.

Rate per $100 $1.09
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-08-01
vs peers 55%
Confidence HIGH

FAQ

What is the workers comp rate for code 2688 in Rhode Island?

The filed workers comp loss cost / rate for NCCI class code 2688 (Oil or Gas Lease Operations - Well Perforating) in Rhode Island is $1.09 per $100 of payroll, effective 2024-08-01.

How much would I pay in Rhode Island for code 2688 on $500,000 of payroll?

At $1.09 per $100, $500,000 of payroll yields a base premium of $5,450 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). Rhode Island sits at the 55th percentile across 22 peer states.