Oklahoma · National Council on Compensation

City Bus Company workers comp rate in Oklahoma

The filed workers comp rate for class code 7047 M (City Bus Company) in Oklahoma is $2.94 per $100 of payroll , effective 2024-06-01. On $500,000 of payroll, that's roughly $14,700 in base premium.

Rate per $100 $2.94
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-06-01
vs peers 56%
Confidence HIGH

FAQ

What is the workers comp rate for code 7047 M in Oklahoma?

The filed workers comp loss cost / rate for NCCI class code 7047 M (City Bus Company) in Oklahoma is $2.94 per $100 of payroll, effective 2024-06-01.

How much would I pay in Oklahoma for code 7047 M on $500,000 of payroll?

At $2.94 per $100, $500,000 of payroll yields a base premium of $14,700 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). Oklahoma sits at the 56th percentile across 18 peer states.