Mail, Parcel, Package Delivery workers comp rate in Alabama
The filed workers comp rate for class code 7231 (Mail, Parcel, Package Delivery) in Alabama is $5.11 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $25,550 in base premium.
Rate per $100 $5.11
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 71%
Confidence HIGH
Source quote
"CLASS CODE 7231 LOSS COST 5.11"
From National Council on Compensation, effective 2024-03-01.
FAQ
What is the workers comp rate for code 7231 in Alabama?
The filed workers comp loss cost / rate for NCCI class code 7231 (Mail, Parcel, Package Delivery) in Alabama is $5.11 per $100 of payroll, effective 2024-03-01.
How much would I pay in Alabama for code 7231 on $500,000 of payroll?
At $5.11 per $100, $500,000 of payroll yields a base premium of $25,550 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7231?
UT has the cheapest filed rate for code 7231 ($1.67) and NJ the highest ($12.79). Alabama sits at the 71th percentile across 21 peer states.