Excavation workers comp rate in Indiana
The filed workers comp rate for class code 6204 (Excavation) in Indiana is $2.90 per $100 of payroll , effective 2023-01-01. On $500,000 of payroll, that's roughly $14,500 in base premium.
Rate per $100 $2.90
Rate type manual_rate
Authority Indiana Compensation Rating
Effective 2023-01-01
vs peers 35%
Confidence HIGH
Source quote
"6204 2.90 1074"
From Indiana Compensation Rating, effective 2023-01-01.
FAQ
What is the workers comp rate for code 6204 in Indiana?
The filed workers comp loss cost / rate for NCCI class code 6204 (Excavation) in Indiana is $2.90 per $100 of payroll, effective 2023-01-01.
How much would I pay in Indiana for code 6204 on $500,000 of payroll?
At $2.90 per $100, $500,000 of payroll yields a base premium of $14,500 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 6204?
WA has the cheapest filed rate for code 6204 ($0.489) and CA the highest ($8.46). Indiana sits at the 35th percentile across 23 peer states.