Excavation workers comp rate in Tennessee
The filed workers comp rate for class code 6204 (Excavation) in Tennessee is $1.92 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $9,600 in base premium.
Rate per $100 $1.92
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 17%
Confidence HIGH
FAQ
What is the workers comp rate for code 6204 in Tennessee?
The filed workers comp loss cost / rate for NCCI class code 6204 (Excavation) in Tennessee is $1.92 per $100 of payroll, effective 2024-03-01.
How much would I pay in Tennessee for code 6204 on $500,000 of payroll?
At $1.92 per $100, $500,000 of payroll yields a base premium of $9,600 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). Tennessee sits at the 17th percentile across 23 peer states.