Floor Covering Installation workers comp rate in Rhode Island
The filed workers comp rate for class code 5478 (Floor Covering Installation) in Rhode Island is $2.32 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $11,600 in base premium.
Source quote
"CLASS CODE 5478 LOSS COST 2.32"
From National Council on Compensation, effective 2024-08-01.
FAQ
What is the workers comp rate for code 5478 in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 5478 (Floor Covering Installation) in Rhode Island is $2.32 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 5478 on $500,000 of payroll?
At $2.32 per $100, $500,000 of payroll yields a base premium of $11,600 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 5478?
UT has the cheapest filed rate for code 5478 ($0.590) and IL the highest ($4.34). Rhode Island sits at the 78th percentile across 18 peer states.