Excavation workers comp rate in Rhode Island
The filed workers comp rate for class code 6204 (Excavation) in Rhode Island is $4.27 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $21,350 in base premium.
Rate per $100 $4.27
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-08-01
vs peers 74%
Confidence HIGH
FAQ
What is the workers comp rate for code 6204 in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 6204 (Excavation) in Rhode Island is $4.27 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 6204 on $500,000 of payroll?
At $4.27 per $100, $500,000 of payroll yields a base premium of $21,350 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). Rhode Island sits at the 74th percentile across 23 peer states.