Freight Handling - Mechanical workers comp rate in Alabama
The filed workers comp rate for class code 7099 M (Freight Handling - Mechanical) in Alabama is $6.32 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $31,600 in base premium.
Rate per $100 $6.32
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 50%
Confidence HIGH
FAQ
What is the workers comp rate for code 7099 M in Alabama?
The filed workers comp loss cost / rate for NCCI class code 7099 M (Freight Handling - Mechanical) in Alabama is $6.32 per $100 of payroll, effective 2024-03-01.
How much would I pay in Alabama for code 7099 M on $500,000 of payroll?
At $6.32 per $100, $500,000 of payroll yields a base premium of $31,600 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7099 M?
VA has the cheapest filed rate for code 7099 M ($1.96) and IL the highest ($27.69). Alabama sits at the 50th percentile across 18 peer states.