Building Steel Erection workers comp rate in Virginia
The filed workers comp rate for class code 5059 (Building Steel Erection) in Virginia is $4.50 per $100 of payroll , effective 2026-04-01. On $500,000 of payroll, that's roughly $22,495 in base premium.
Rate per $100 $4.50
Rate type loss_cost
Authority National Council on Compensation
Effective 2026-04-01
vs peers 19%
Confidence HIGH
FAQ
What is the workers comp rate for code 5059 in Virginia?
The filed workers comp loss cost / rate for NCCI class code 5059 (Building Steel Erection) in Virginia is $4.50 per $100 of payroll, effective 2026-04-01.
How much would I pay in Virginia for code 5059 on $500,000 of payroll?
At $4.50 per $100, $500,000 of payroll yields a base premium of $22,495 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 5059?
UT has the cheapest filed rate for code 5059 ($2.83) and IL the highest ($14.18). Virginia sits at the 19th percentile across 21 peer states.