Peat Digging workers comp rate in Arkansas
The filed workers comp rate for class code 4061 (Peat Digging) in Arkansas is $0.550 per $100 of payroll , effective 2023-07-01. On $500,000 of payroll, that's roughly $2,750 in base premium.
Rate per $100 $0.550
Rate type loss_cost
Authority National Council on Compensation
Effective 2023-07-01
vs peers 20%
Confidence HIGH
FAQ
What is the workers comp rate for code 4061 in Arkansas?
The filed workers comp loss cost / rate for NCCI class code 4061 (Peat Digging) in Arkansas is $0.550 per $100 of payroll, effective 2023-07-01.
How much would I pay in Arkansas for code 4061 on $500,000 of payroll?
At $0.550 per $100, $500,000 of payroll yields a base premium of $2,750 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 4061?
AR has the cheapest filed rate for code 4061 ($0.550) and MN the highest ($6.89). Arkansas sits at the 20th percentile across 5 peer states.