Freight Handling - Manual workers comp rate in Rhode Island
The filed workers comp rate for class code 7098 M (Freight Handling - Manual) in Rhode Island is $4.05 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $20,250 in base premium.
Source quote
"CLASS CODE 7098M LOSS COST 4.05"
From National Council on Compensation, effective 2024-08-01.
FAQ
What is the workers comp rate for code 7098 M in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 7098 M (Freight Handling - Manual) in Rhode Island is $4.05 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 7098 M on $500,000 of payroll?
At $4.05 per $100, $500,000 of payroll yields a base premium of $20,250 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). Rhode Island sits at the 44th percentile across 18 peer states.