Steel Frame Erection workers comp rate in Rhode Island
The filed workers comp rate for class code 5057 (Steel Frame Erection) in Rhode Island is $2.13 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $10,650 in base premium.
Rate per $100 $2.13
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-08-01
vs peers 62%
Confidence HIGH
Source quote
"CLASS CODE 5057 LOSS COST 2.13"
From National Council on Compensation, effective 2024-08-01.
FAQ
What is the workers comp rate for code 5057 in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 5057 (Steel Frame Erection) in Rhode Island is $2.13 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 5057 on $500,000 of payroll?
At $2.13 per $100, $500,000 of payroll yields a base premium of $10,650 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). Rhode Island sits at the 62th percentile across 21 peer states.