Plumbing workers comp rate in Tennessee
The filed workers comp rate for class code 6503 (Plumbing) in Tennessee is $0.740 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $3,700 in base premium.
Rate per $100 $0.740
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 24%
Confidence HIGH
FAQ
What is the workers comp rate for code 6503 in Tennessee?
The filed workers comp loss cost / rate for NCCI class code 6503 (Plumbing) in Tennessee is $0.740 per $100 of payroll, effective 2024-03-01.
How much would I pay in Tennessee for code 6503 on $500,000 of payroll?
At $0.740 per $100, $500,000 of payroll yields a base premium of $3,700 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 6503?
WA has the cheapest filed rate for code 6503 ($0.397) and HI the highest ($2.78). Tennessee sits at the 24th percentile across 17 peer states.