Trucking, oil field equipment workers comp rate in Alabama
The filed workers comp rate for class code 7232 (Trucking, oil field equipment) in Alabama is $4.86 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $24,300 in base premium.
Rate per $100 $4.86
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 56%
Confidence HIGH
FAQ
What is the workers comp rate for code 7232 in Alabama?
The filed workers comp loss cost / rate for NCCI class code 7232 (Trucking, oil field equipment) in Alabama is $4.86 per $100 of payroll, effective 2024-03-01.
How much would I pay in Alabama for code 7232 on $500,000 of payroll?
At $4.86 per $100, $500,000 of payroll yields a base premium of $24,300 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7232?
UT has the cheapest filed rate for code 7232 ($1.43) and IL the highest ($10.35). Alabama sits at the 56th percentile across 18 peer states.