Railroad Operation - road work workers comp rate in Kentucky
The filed workers comp rate for class code 6703 M (Railroad Operation - road work) in Kentucky is $3.00 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $15,000 in base premium.
Source quote
"CLASS 6703M* LOSS COST 3.00"
From National Council on Compensation, effective 2024-01-01.
FAQ
What is the workers comp rate for code 6703 M in Kentucky?
The filed workers comp loss cost / rate for NCCI class code 6703 M (Railroad Operation - road work) in Kentucky is $3.00 per $100 of payroll, effective 2024-01-01.
How much would I pay in Kentucky for code 6703 M on $500,000 of payroll?
At $3.00 per $100, $500,000 of payroll yields a base premium of $15,000 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). Kentucky sits at the 25th percentile across 16 peer states.