City Bus Company workers comp rate in Illinois
The filed workers comp rate for class code 7047 M (City Bus Company) in Illinois is $5.09 per $100 of payroll , effective 2026-01-01. On $500,000 of payroll, that's roughly $25,460 in base premium.
Rate per $100 $5.09
Rate type advisory_rate
Authority NCCI / state rating bureau
Effective 2026-01-01
vs peers 83%
Confidence HIGH
FAQ
What is the workers comp rate for code 7047 M in Illinois?
The filed workers comp loss cost / rate for NCCI class code 7047 M (City Bus Company) in Illinois is $5.09 per $100 of payroll, effective 2026-01-01.
How much would I pay in Illinois for code 7047 M on $500,000 of payroll?
At $5.09 per $100, $500,000 of payroll yields a base premium of $25,460 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7047 M?
KY has the cheapest filed rate for code 7047 M ($1.71) and NV the highest ($6.46). Illinois sits at the 83th percentile across 18 peer states.