Spring Manufacturing workers comp rate in Rhode Island
The filed workers comp rate for class code 3334 (Spring Manufacturing) in Rhode Island is $1.72 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $8,600 in base premium.
Rate per $100 $1.72
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-08-01
vs peers 83%
Confidence HIGH
Source quote
"CLASS CODE 3334 LOSS COST 1.72"
From National Council on Compensation, effective 2024-08-01.
FAQ
What is the workers comp rate for code 3334 in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 3334 (Spring Manufacturing) in Rhode Island is $1.72 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 3334 on $500,000 of payroll?
At $1.72 per $100, $500,000 of payroll yields a base premium of $8,600 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3334?
UT has the cheapest filed rate for code 3334 ($0.400) and HI the highest ($2.97). Rhode Island sits at the 83th percentile across 18 peer states.