Railroad Operations workers comp rate in Hawaii
The filed workers comp rate for class code 7420 (Railroad Operations) in Hawaii is $8.65 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $43,250 in base premium.
Rate per $100 $8.65
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 100%
Confidence HIGH
Source quote
"7420 8.65"
From National Council on Compensation, effective 2024-01-01.
FAQ
What is the workers comp rate for code 7420 in Hawaii?
The filed workers comp loss cost / rate for NCCI class code 7420 (Railroad Operations) in Hawaii is $8.65 per $100 of payroll, effective 2024-01-01.
How much would I pay in Hawaii for code 7420 on $500,000 of payroll?
At $8.65 per $100, $500,000 of payroll yields a base premium of $43,250 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7420?
UT has the cheapest filed rate for code 7420 ($1.05) and HI the highest ($8.65). Hawaii sits at the 100th percentile across 18 peer states.