Marine Salvage workers comp rate in Tennessee
The filed workers comp rate for class code 6884 (Marine Salvage) in Tennessee is $2.18 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $10,900 in base premium.
Rate per $100 $2.18
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 53%
Confidence HIGH
FAQ
What is the workers comp rate for code 6884 in Tennessee?
The filed workers comp loss cost / rate for NCCI class code 6884 (Marine Salvage) in Tennessee is $2.18 per $100 of payroll, effective 2024-03-01.
How much would I pay in Tennessee for code 6884 on $500,000 of payroll?
At $2.18 per $100, $500,000 of payroll yields a base premium of $10,900 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 6884?
UT has the cheapest filed rate for code 6884 ($0.680) and NY the highest ($27.34). Tennessee sits at the 53th percentile across 19 peer states.