Building raising workers comp rate in Rhode Island
The filed workers comp rate for class code 5703 (Building raising) in Rhode Island is $7.85 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $39,250 in base premium.
Rate per $100 $7.85
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-08-01
vs peers 80%
Confidence HIGH
FAQ
What is the workers comp rate for code 5703 in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 5703 (Building raising) in Rhode Island is $7.85 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 5703 on $500,000 of payroll?
At $7.85 per $100, $500,000 of payroll yields a base premium of $39,250 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). Rhode Island sits at the 80th percentile across 20 peer states.