Steel Frame Erection workers comp rate in Alabama
The filed workers comp rate for class code 5057 (Steel Frame Erection) in Alabama is $1.63 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $8,150 in base premium.
Rate per $100 $1.63
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 33%
Confidence HIGH
FAQ
What is the workers comp rate for code 5057 in Alabama?
The filed workers comp loss cost / rate for NCCI class code 5057 (Steel Frame Erection) in Alabama is $1.63 per $100 of payroll, effective 2024-03-01.
How much would I pay in Alabama for code 5057 on $500,000 of payroll?
At $1.63 per $100, $500,000 of payroll yields a base premium of $8,150 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 5057?
UT has the cheapest filed rate for code 5057 ($0.560) and NJ the highest ($7.05). Alabama sits at the 33th percentile across 21 peer states.