Street/Road Paving workers comp rate in Kentucky
The filed workers comp rate for class code 5508 (Street/Road Paving) in Kentucky is $1.31 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $6,550 in base premium.
Rate per $100 $1.31
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 53%
Confidence HIGH
Source quote
"5508 1.31 0.35"
From National Council on Compensation, effective 2024-01-01.
FAQ
What is the workers comp rate for code 5508 in Kentucky?
The filed workers comp loss cost / rate for NCCI class code 5508 (Street/Road Paving) in Kentucky is $1.31 per $100 of payroll, effective 2024-01-01.
How much would I pay in Kentucky for code 5508 on $500,000 of payroll?
At $1.31 per $100, $500,000 of payroll yields a base premium of $6,550 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 5508?
VA has the cheapest filed rate for code 5508 ($0.940) and MN the highest ($21.86). Kentucky sits at the 53th percentile across 15 peer states.