Peat Digging workers comp rate in Louisiana
The filed workers comp rate for class code 4061 (Peat Digging) in Louisiana is $1.18 per $100 of payroll , effective 2023-05-01. On $500,000 of payroll, that's roughly $5,900 in base premium.
Rate per $100 $1.18
Rate type loss_cost
Authority National Council on Compensation
Effective 2023-05-01
vs peers 40%
Confidence HIGH
Source quote
"4061 1.18"
From National Council on Compensation, effective 2023-05-01.
FAQ
What is the workers comp rate for code 4061 in Louisiana?
The filed workers comp loss cost / rate for NCCI class code 4061 (Peat Digging) in Louisiana is $1.18 per $100 of payroll, effective 2023-05-01.
How much would I pay in Louisiana for code 4061 on $500,000 of payroll?
At $1.18 per $100, $500,000 of payroll yields a base premium of $5,900 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). Louisiana sits at the 40th percentile across 5 peer states.