Louisiana · National Council on Compensation

Ship Scrapping workers comp rate in Louisiana

The filed workers comp rate for class code 6874 F (Ship Scrapping) in Louisiana is $5.79 per $100 of payroll , effective 2024-05-01. On $500,000 of payroll, that's roughly $28,950 in base premium.

Rate per $100 $5.79
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-05-01
vs peers 60%
Confidence HIGH

FAQ

What is the workers comp rate for code 6874 F in Louisiana?

The filed workers comp loss cost / rate for NCCI class code 6874 F (Ship Scrapping) in Louisiana is $5.79 per $100 of payroll, effective 2024-05-01.

How much would I pay in Louisiana for code 6874 F on $500,000 of payroll?

At $5.79 per $100, $500,000 of payroll yields a base premium of $28,950 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). Louisiana sits at the 60th percentile across 20 peer states.