Clay or Shale Digging workers comp rate in Rhode Island
The filed workers comp rate for class code 4062 (Clay or Shale Digging) in Rhode Island is $1.59 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $7,950 in base premium.
Rate per $100 $1.59
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-08-01
vs peers 65%
Confidence HIGH
Source quote
"CLASS CODE 4062 LOSS COST 1.59"
From National Council on Compensation, effective 2024-08-01.
FAQ
What is the workers comp rate for code 4062 in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 4062 (Clay or Shale Digging) in Rhode Island is $1.59 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 4062 on $500,000 of payroll?
At $1.59 per $100, $500,000 of payroll yields a base premium of $7,950 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 4062?
UT has the cheapest filed rate for code 4062 ($0.440) and NY the highest ($5.08). Rhode Island sits at the 65th percentile across 20 peer states.