Taxicab Service workers comp rate in Rhode Island
The filed workers comp rate for class code 7403 (Taxicab Service) in Rhode Island is $2.99 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $14,950 in base premium.
Rate per $100 $2.99
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-08-01
vs peers 76%
Confidence HIGH
FAQ
What is the workers comp rate for code 7403 in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 7403 (Taxicab Service) in Rhode Island is $2.99 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 7403 on $500,000 of payroll?
At $2.99 per $100, $500,000 of payroll yields a base premium of $14,950 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7403?
KY has the cheapest filed rate for code 7403 ($0.900) and CA the highest ($5.97). Rhode Island sits at the 76th percentile across 21 peer states.