Local Bus Company workers comp rate in Alabama
The filed workers comp rate for class code 7152 M (Local Bus Company) in Alabama is $2.57 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $12,850 in base premium.
Rate per $100 $2.57
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 31%
Confidence HIGH
Source quote
"CLASS CODE 7152M LOSS COST 2.57"
From National Council on Compensation, effective 2024-03-01.
FAQ
What is the workers comp rate for code 7152 M in Alabama?
The filed workers comp loss cost / rate for NCCI class code 7152 M (Local Bus Company) in Alabama is $2.57 per $100 of payroll, effective 2024-03-01.
How much would I pay in Alabama for code 7152 M on $500,000 of payroll?
At $2.57 per $100, $500,000 of payroll yields a base premium of $12,850 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7152 M?
KY has the cheapest filed rate for code 7152 M ($2.07) and MI the highest ($7.94). Alabama sits at the 31th percentile across 16 peer states.