Indiana · Indiana Compensation Rating

Railroad Operation - road work workers comp rate in Indiana

The filed workers comp rate for class code 6703 M (Railroad Operation - road work) in Indiana is $4.10 per $100 of payroll , effective 2023-01-01. On $500,000 of payroll, that's roughly $20,500 in base premium.

Rate per $100 $4.10
Rate type manual_rate
Authority Indiana Compensation Rating
Effective 2023-01-01
vs peers 63%
Confidence HIGH

FAQ

What is the workers comp rate for code 6703 M in Indiana?

The filed workers comp loss cost / rate for NCCI class code 6703 M (Railroad Operation - road work) in Indiana is $4.10 per $100 of payroll, effective 2023-01-01.

How much would I pay in Indiana for code 6703 M on $500,000 of payroll?

At $4.10 per $100, $500,000 of payroll yields a base premium of $20,500 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). Indiana sits at the 63th percentile across 16 peer states.