Railroad - Construction/Maintenance workers comp rate in Rhode Island
The filed workers comp rate for class code 7335 M (Railroad - Construction/Maintenance) in Rhode Island is $2.39 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $11,950 in base premium.
Source quote
"CLASS CODE 7335M LOSS COST 2.39"
From National Council on Compensation, effective 2024-08-01.
FAQ
What is the workers comp rate for code 7335 M in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 7335 M (Railroad - Construction/Maintenance) in Rhode Island is $2.39 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 7335 M on $500,000 of payroll?
At $2.39 per $100, $500,000 of payroll yields a base premium of $11,950 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7335 M?
TN has the cheapest filed rate for code 7335 M ($0.880) and NV the highest ($4.73). Rhode Island sits at the 61th percentile across 18 peer states.