Forging - NOC workers comp rate in Rhode Island
The filed workers comp rate for class code 3851 (Forging - NOC) in Rhode Island is $1.30 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $6,500 in base premium.
Rate per $100 $1.30
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-08-01
vs peers 83%
Confidence HIGH
Source quote
"CLASS CODE 3851 LOSS COST 1.30"
From National Council on Compensation, effective 2024-08-01.
FAQ
What is the workers comp rate for code 3851 in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 3851 (Forging - NOC) in Rhode Island is $1.30 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 3851 on $500,000 of payroll?
At $1.30 per $100, $500,000 of payroll yields a base premium of $6,500 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3851?
UT has the cheapest filed rate for code 3851 ($0.360) and HI the highest ($2.35). Rhode Island sits at the 83th percentile across 18 peer states.