Carpentry, installation of wood interior trim workers comp rate in Rhode Island
The filed workers comp rate for class code 5437 (Carpentry, installation of wood interior trim) in Rhode Island is $3.23 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $16,150 in base premium.
Source quote
"CLASS CODE 5437 LOSS COST 3.23"
From National Council on Compensation, effective 2024-08-01.
FAQ
What is the workers comp rate for code 5437 in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 5437 (Carpentry, installation of wood interior trim) in Rhode Island is $3.23 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 5437 on $500,000 of payroll?
At $3.23 per $100, $500,000 of payroll yields a base premium of $16,150 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 5437?
UT has the cheapest filed rate for code 5437 ($0.950) and NJ the highest ($9.61). Rhode Island sits at the 60th percentile across 20 peer states.