Street or Road Construction - Grading workers comp rate in Kentucky
The filed workers comp rate for class code 5507 (Street or Road Construction - Grading) in Kentucky is $2.14 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $10,700 in base premium.
Source quote
"CLASS 5507 LOSS COST 2.14"
From National Council on Compensation, effective 2024-01-01.
FAQ
What is the workers comp rate for code 5507 in Kentucky?
The filed workers comp loss cost / rate for NCCI class code 5507 (Street or Road Construction - Grading) in Kentucky is $2.14 per $100 of payroll, effective 2024-01-01.
How much would I pay in Kentucky for code 5507 on $500,000 of payroll?
At $2.14 per $100, $500,000 of payroll yields a base premium of $10,700 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 5507?
KS has the cheapest filed rate for code 5507 ($1.08) and NY the highest ($4.20). Kentucky sits at the 42th percentile across 19 peer states.