Iron/Steel Erection - Frame workers comp rate in Rhode Island
The filed workers comp rate for class code 6306 (Iron/Steel Erection - Frame) in Rhode Island is $2.26 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $11,300 in base premium.
Source quote
"CLASS CODE 6306 LOSS COST 2.26"
From National Council on Compensation, effective 2024-08-01.
FAQ
What is the workers comp rate for code 6306 in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 6306 (Iron/Steel Erection - Frame) in Rhode Island is $2.26 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 6306 on $500,000 of payroll?
At $2.26 per $100, $500,000 of payroll yields a base premium of $11,300 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 6306?
UT has the cheapest filed rate for code 6306 ($0.930) and NJ the highest ($7.88). Rhode Island sits at the 50th percentile across 22 peer states.