Freight Handling - Manual workers comp rate in Alabama
The filed workers comp rate for class code 7098 M (Freight Handling - Manual) in Alabama is $5.18 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $25,900 in base premium.
Rate per $100 $5.18
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 67%
Confidence HIGH
Source quote
"CLASS CODE 7098M LOSS COST 5.18"
From National Council on Compensation, effective 2024-03-01.
FAQ
What is the workers comp rate for code 7098 M in Alabama?
The filed workers comp loss cost / rate for NCCI class code 7098 M (Freight Handling - Manual) in Alabama is $5.18 per $100 of payroll, effective 2024-03-01.
How much would I pay in Alabama for code 7098 M on $500,000 of payroll?
At $5.18 per $100, $500,000 of payroll yields a base premium of $25,900 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7098 M?
OR has the cheapest filed rate for code 7098 M ($1.22) and IL the highest ($19.59). Alabama sits at the 67th percentile across 18 peer states.