Long Haul Trucking workers comp rate in Alabama
The filed workers comp rate for class code 7024 M (Long Haul Trucking) in Alabama is $1.65 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $8,250 in base premium.
Rate per $100 $1.65
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 22%
Confidence HIGH
Source quote
"CLASS CODE 7024M LOSS COST 1.65"
From National Council on Compensation, effective 2024-03-01.
FAQ
What is the workers comp rate for code 7024 M in Alabama?
The filed workers comp loss cost / rate for NCCI class code 7024 M (Long Haul Trucking) in Alabama is $1.65 per $100 of payroll, effective 2024-03-01.
How much would I pay in Alabama for code 7024 M on $500,000 of payroll?
At $1.65 per $100, $500,000 of payroll yields a base premium of $8,250 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7024 M?
TN has the cheapest filed rate for code 7024 M ($1.05) and NV the highest ($5.26). Alabama sits at the 22th percentile across 18 peer states.