Rhode Island · National Council on Compensation

Long Haul Trucking workers comp rate in Rhode Island

The filed workers comp rate for class code 7024 M (Long Haul Trucking) in Rhode Island is $2.59 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $12,950 in base premium.

Rate per $100 $2.59
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-08-01
vs peers 67%
Confidence HIGH

FAQ

What is the workers comp rate for code 7024 M in Rhode Island?

The filed workers comp loss cost / rate for NCCI class code 7024 M (Long Haul Trucking) in Rhode Island is $2.59 per $100 of payroll, effective 2024-08-01.

How much would I pay in Rhode Island for code 7024 M on $500,000 of payroll?

At $2.59 per $100, $500,000 of payroll yields a base premium of $12,950 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). Rhode Island sits at the 67th percentile across 18 peer states.