Building Excavation workers comp rate in Kentucky
The filed workers comp rate for class code 6005 (Building Excavation) in Kentucky is $1.38 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $6,900 in base premium.
Rate per $100 $1.38
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 21%
Confidence HIGH
Source quote
"CLASS 6005 LOSS COST 1.38"
From National Council on Compensation, effective 2024-01-01.
FAQ
What is the workers comp rate for code 6005 in Kentucky?
The filed workers comp loss cost / rate for NCCI class code 6005 (Building Excavation) in Kentucky is $1.38 per $100 of payroll, effective 2024-01-01.
How much would I pay in Kentucky for code 6005 on $500,000 of payroll?
At $1.38 per $100, $500,000 of payroll yields a base premium of $6,900 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 6005?
UT has the cheapest filed rate for code 6005 ($0.690) and NJ the highest ($7.36). Kentucky sits at the 21th percentile across 19 peer states.