Local Trucking workers comp rate in Oklahoma
The filed workers comp rate for class code 7016 M (Local Trucking) in Oklahoma is $1.68 per $100 of payroll , effective 2024-06-01. On $500,000 of payroll, that's roughly $8,400 in base premium.
Rate per $100 $1.68
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-06-01
vs peers 50%
Confidence HIGH
FAQ
What is the workers comp rate for code 7016 M in Oklahoma?
The filed workers comp loss cost / rate for NCCI class code 7016 M (Local Trucking) in Oklahoma is $1.68 per $100 of payroll, effective 2024-06-01.
How much would I pay in Oklahoma for code 7016 M on $500,000 of payroll?
At $1.68 per $100, $500,000 of payroll yields a base premium of $8,400 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7016 M?
TN has the cheapest filed rate for code 7016 M ($0.950) and NV the highest ($4.73). Oklahoma sits at the 50th percentile across 18 peer states.