Railroad Operation - shop work workers comp rate in Tennessee
The filed workers comp rate for class code 6704 M (Railroad Operation - shop work) in Tennessee is $1.65 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $8,250 in base premium.
Source quote
"CLASS CODE 6704M* LOSS COST 1.65"
From National Council on Compensation, effective 2024-03-01.
FAQ
What is the workers comp rate for code 6704 M in Tennessee?
The filed workers comp loss cost / rate for NCCI class code 6704 M (Railroad Operation - shop work) in Tennessee is $1.65 per $100 of payroll, effective 2024-03-01.
How much would I pay in Tennessee for code 6704 M on $500,000 of payroll?
At $1.65 per $100, $500,000 of payroll yields a base premium of $8,250 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 6704 M?
UT has the cheapest filed rate for code 6704 M ($1.65) and KS the highest ($4.60). Tennessee sits at the 13th percentile across 16 peer states.