Ship Scrapping workers comp rate in Illinois
The filed workers comp rate for class code 6874 F (Ship Scrapping) in Illinois is $5.77 per $100 of payroll , effective 2026-01-01. On $500,000 of payroll, that's roughly $28,840 in base premium.
Rate per $100 $5.77
Rate type advisory_rate
Authority NCCI / state rating bureau
Effective 2026-01-01
vs peers 55%
Confidence HIGH
FAQ
What is the workers comp rate for code 6874 F in Illinois?
The filed workers comp loss cost / rate for NCCI class code 6874 F (Ship Scrapping) in Illinois is $5.77 per $100 of payroll, effective 2026-01-01.
How much would I pay in Illinois for code 6874 F on $500,000 of payroll?
At $5.77 per $100, $500,000 of payroll yields a base premium of $28,840 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 6874 F?
UT has the cheapest filed rate for code 6874 F ($1.83) and MN the highest ($14.51). Illinois sits at the 55th percentile across 20 peer states.