Interurban Bus Company workers comp rate in Alabama
The filed workers comp rate for class code 7151 M (Interurban Bus Company) in Alabama is $1.90 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $9,500 in base premium.
Rate per $100 $1.90
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 44%
Confidence HIGH
Source quote
"CLASS CODE 7151M LOSS COST 1.90"
From National Council on Compensation, effective 2024-03-01.
FAQ
What is the workers comp rate for code 7151 M in Alabama?
The filed workers comp loss cost / rate for NCCI class code 7151 M (Interurban Bus Company) in Alabama is $1.90 per $100 of payroll, effective 2024-03-01.
How much would I pay in Alabama for code 7151 M on $500,000 of payroll?
At $1.90 per $100, $500,000 of payroll yields a base premium of $9,500 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7151 M?
UT has the cheapest filed rate for code 7151 M ($1.19) and MI the highest ($5.66). Alabama sits at the 44th percentile across 16 peer states.