Building raising workers comp rate in Virginia
The filed workers comp rate for class code 5703 (Building raising) in Virginia is $3.29 per $100 of payroll , effective 2026-04-01. On $500,000 of payroll, that's roughly $16,440 in base premium.
Rate per $100 $3.29
Rate type loss_cost
Authority National Council on Compensation
Effective 2026-04-01
vs peers 10%
Confidence HIGH
FAQ
What is the workers comp rate for code 5703 in Virginia?
The filed workers comp loss cost / rate for NCCI class code 5703 (Building raising) in Virginia is $3.29 per $100 of payroll, effective 2026-04-01.
How much would I pay in Virginia for code 5703 on $500,000 of payroll?
At $3.29 per $100, $500,000 of payroll yields a base premium of $16,440 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). Virginia sits at the 10th percentile across 20 peer states.