School Bus Company workers comp rate in Illinois
The filed workers comp rate for class code 7153 M (School Bus Company) in Illinois is $3.53 per $100 of payroll , effective 2026-01-01. On $500,000 of payroll, that's roughly $17,650 in base premium.
Rate per $100 $3.53
Rate type manual_rate
Authority NCCI / state rating bureau
Effective 2026-01-01
vs peers 88%
Confidence HIGH
FAQ
What is the workers comp rate for code 7153 M in Illinois?
The filed workers comp loss cost / rate for NCCI class code 7153 M (School Bus Company) in Illinois is $3.53 per $100 of payroll, effective 2026-01-01.
How much would I pay in Illinois for code 7153 M on $500,000 of payroll?
At $3.53 per $100, $500,000 of payroll yields a base premium of $17,650 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7153 M?
UT has the cheapest filed rate for code 7153 M ($1.32) and MI the highest ($6.29). Illinois sits at the 88th percentile across 16 peer states.