Railroad Operation - road work workers comp rate in Alabama
The filed workers comp rate for class code 6703 M (Railroad Operation - road work) in Alabama is $2.83 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $14,150 in base premium.
Rate per $100 $2.83
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 13%
Confidence HIGH
FAQ
What is the workers comp rate for code 6703 M in Alabama?
The filed workers comp loss cost / rate for NCCI class code 6703 M (Railroad Operation - road work) in Alabama is $2.83 per $100 of payroll, effective 2024-03-01.
How much would I pay in Alabama for code 6703 M on $500,000 of payroll?
At $2.83 per $100, $500,000 of payroll yields a base premium of $14,150 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 6703 M?
UT has the cheapest filed rate for code 6703 M ($2.65) and KS the highest ($8.11). Alabama sits at the 13th percentile across 16 peer states.