Ship Scrapping workers comp rate in Virginia
The filed workers comp rate for class code 6874 F (Ship Scrapping) in Virginia is $4.72 per $100 of payroll , effective 2026-04-01. On $500,000 of payroll, that's roughly $23,590 in base premium.
Rate per $100 $4.72
Rate type loss_cost
Authority National Council on Compensation
Effective 2026-04-01
vs peers 35%
Confidence HIGH
FAQ
What is the workers comp rate for code 6874 F in Virginia?
The filed workers comp loss cost / rate for NCCI class code 6874 F (Ship Scrapping) in Virginia is $4.72 per $100 of payroll, effective 2026-04-01.
How much would I pay in Virginia for code 6874 F on $500,000 of payroll?
At $4.72 per $100, $500,000 of payroll yields a base premium of $23,590 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). Virginia sits at the 35th percentile across 20 peer states.