Mail/Package Delivery workers comp rate in Alabama
The filed workers comp rate for class code 7038 M (Mail/Package Delivery) in Alabama is $2.92 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $14,600 in base premium.
Rate per $100 $2.92
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 61%
Confidence HIGH
FAQ
What is the workers comp rate for code 7038 M in Alabama?
The filed workers comp loss cost / rate for NCCI class code 7038 M (Mail/Package Delivery) in Alabama is $2.92 per $100 of payroll, effective 2024-03-01.
How much would I pay in Alabama for code 7038 M on $500,000 of payroll?
At $2.92 per $100, $500,000 of payroll yields a base premium of $14,600 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7038 M?
TN has the cheapest filed rate for code 7038 M ($1.71) and NV the highest ($5.21). Alabama sits at the 61th percentile across 18 peer states.