Railroad Operation - road work workers comp rate in Utah
The filed workers comp rate for class code 6703 M (Railroad Operation - road work) in Utah is $2.65 per $100 of payroll , effective 2025-02-01. On $500,000 of payroll, that's roughly $13,250 in base premium.
Rate per $100 $2.65
Rate type loss_cost
Authority National Council on Compensation
Effective 2025-02-01
vs peers 6%
Confidence HIGH
Source quote
"6703M* 2.65"
From National Council on Compensation, effective 2025-02-01.
FAQ
What is the workers comp rate for code 6703 M in Utah?
The filed workers comp loss cost / rate for NCCI class code 6703 M (Railroad Operation - road work) in Utah is $2.65 per $100 of payroll, effective 2025-02-01.
How much would I pay in Utah for code 6703 M on $500,000 of payroll?
At $2.65 per $100, $500,000 of payroll yields a base premium of $13,250 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). Utah sits at the 6th percentile across 16 peer states.