Mail/Package Delivery workers comp rate in Rhode Island
The filed workers comp rate for class code 7038 M (Mail/Package Delivery) in Rhode Island is $2.75 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $13,750 in base premium.
Rate per $100 $2.75
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-08-01
vs peers 50%
Confidence HIGH
Source quote
"CLASS CODE 7038M LOSS COST 2.75"
From National Council on Compensation, effective 2024-08-01.
FAQ
What is the workers comp rate for code 7038 M in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 7038 M (Mail/Package Delivery) in Rhode Island is $2.75 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 7038 M on $500,000 of payroll?
At $2.75 per $100, $500,000 of payroll yields a base premium of $13,750 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). Rhode Island sits at the 50th percentile across 18 peer states.