Dredging workers comp rate in Alabama
The filed workers comp rate for class code 6214 (Dredging) in Alabama is $0.700 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $3,500 in base premium.
Rate per $100 $0.700
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 53%
Confidence HIGH
FAQ
What is the workers comp rate for code 6214 in Alabama?
The filed workers comp loss cost / rate for NCCI class code 6214 (Dredging) in Alabama is $0.700 per $100 of payroll, effective 2024-03-01.
How much would I pay in Alabama for code 6214 on $500,000 of payroll?
At $0.700 per $100, $500,000 of payroll yields a base premium of $3,500 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 6214?
UT has the cheapest filed rate for code 6214 ($0.180) and IL the highest ($1.86). Alabama sits at the 53th percentile across 17 peer states.