Street/Road Paving workers comp rate in Tennessee
The filed workers comp rate for class code 5508 (Street/Road Paving) in Tennessee is $0.960 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $4,800 in base premium.
Rate per $100 $0.960
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 13%
Confidence HIGH
FAQ
What is the workers comp rate for code 5508 in Tennessee?
The filed workers comp loss cost / rate for NCCI class code 5508 (Street/Road Paving) in Tennessee is $0.960 per $100 of payroll, effective 2024-03-01.
How much would I pay in Tennessee for code 5508 on $500,000 of payroll?
At $0.960 per $100, $500,000 of payroll yields a base premium of $4,800 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). Tennessee sits at the 13th percentile across 15 peer states.