Building raising workers comp rate in Louisiana
The filed workers comp rate for class code 5703 (Building raising) in Louisiana is $6.86 per $100 of payroll , effective 2024-05-01. On $500,000 of payroll, that's roughly $34,300 in base premium.
Rate per $100 $6.86
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-05-01
vs peers 65%
Confidence HIGH
Source quote
"CLASS CODE 5703 LOSS COST 6.86"
From National Council on Compensation, effective 2024-05-01.
FAQ
What is the workers comp rate for code 5703 in Louisiana?
The filed workers comp loss cost / rate for NCCI class code 5703 (Building raising) in Louisiana is $6.86 per $100 of payroll, effective 2024-05-01.
How much would I pay in Louisiana for code 5703 on $500,000 of payroll?
At $6.86 per $100, $500,000 of payroll yields a base premium of $34,300 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 5703?
KS has the cheapest filed rate for code 5703 ($2.87) and AK the highest ($32.26). Louisiana sits at the 65th percentile across 20 peer states.