Street/Road Paving workers comp rate in Oklahoma
The filed workers comp rate for class code 5508 (Street/Road Paving) in Oklahoma is $1.34 per $100 of payroll , effective 2024-06-01. On $500,000 of payroll, that's roughly $6,700 in base premium.
Rate per $100 $1.34
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-06-01
vs peers 60%
Confidence HIGH
Source quote
"CLASS CODE 5508 ELR 1.34"
From National Council on Compensation, effective 2024-06-01.
FAQ
What is the workers comp rate for code 5508 in Oklahoma?
The filed workers comp loss cost / rate for NCCI class code 5508 (Street/Road Paving) in Oklahoma is $1.34 per $100 of payroll, effective 2024-06-01.
How much would I pay in Oklahoma for code 5508 on $500,000 of payroll?
At $1.34 per $100, $500,000 of payroll yields a base premium of $6,700 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). Oklahoma sits at the 60th percentile across 15 peer states.