Street or Road Construction - Excavation workers comp rate in Oregon
The filed workers comp rate for class code 5506 (Street or Road Construction - Excavation) in Oregon is $2.37 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $11,850 in base premium.
Source quote
"CLASS CODE 5506 LOSS COST 2.37"
From National Council on Compensation, effective 2024-01-01.
FAQ
What is the workers comp rate for code 5506 in Oregon?
The filed workers comp loss cost / rate for NCCI class code 5506 (Street or Road Construction - Excavation) in Oregon is $2.37 per $100 of payroll, effective 2024-01-01.
How much would I pay in Oregon for code 5506 on $500,000 of payroll?
At $2.37 per $100, $500,000 of payroll yields a base premium of $11,850 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 5506?
KS has the cheapest filed rate for code 5506 ($1.21) and NY the highest ($8.46). Oregon sits at the 26th percentile across 19 peer states.