Logging Operations workers comp rate in Rhode Island
The filed workers comp rate for class code 2701 (Logging Operations) in Rhode Island is $8.14 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $40,700 in base premium.
Rate per $100 $8.14
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-08-01
vs peers 86%
Confidence HIGH
Source quote
"CLASS CODE 2701 LOSS COST 8.14"
From National Council on Compensation, effective 2024-08-01.
FAQ
What is the workers comp rate for code 2701 in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 2701 (Logging Operations) in Rhode Island is $8.14 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 2701 on $500,000 of payroll?
At $8.14 per $100, $500,000 of payroll yields a base premium of $40,700 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 2701?
UT has the cheapest filed rate for code 2701 ($1.95) and HI the highest ($14.24). Rhode Island sits at the 86th percentile across 14 peer states.