Trucking, oil field equipment workers comp rate in Rhode Island
The filed workers comp rate for class code 7232 (Trucking, oil field equipment) in Rhode Island is $6.18 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $30,900 in base premium.
Rate per $100 $6.18
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-08-01
vs peers 83%
Confidence HIGH
FAQ
What is the workers comp rate for code 7232 in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 7232 (Trucking, oil field equipment) in Rhode Island is $6.18 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 7232 on $500,000 of payroll?
At $6.18 per $100, $500,000 of payroll yields a base premium of $30,900 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). Rhode Island sits at the 83th percentile across 18 peer states.