Railroad Operations workers comp rate in Illinois
The filed workers comp rate for class code 7420 (Railroad Operations) in Illinois is $6.35 per $100 of payroll , effective 2026-01-01. On $500,000 of payroll, that's roughly $31,740 in base premium.
Rate per $100 $6.35
Rate type advisory_rate
Authority NCCI / state rating bureau
Effective 2026-01-01
vs peers 89%
Confidence HIGH
FAQ
What is the workers comp rate for code 7420 in Illinois?
The filed workers comp loss cost / rate for NCCI class code 7420 (Railroad Operations) in Illinois is $6.35 per $100 of payroll, effective 2026-01-01.
How much would I pay in Illinois for code 7420 on $500,000 of payroll?
At $6.35 per $100, $500,000 of payroll yields a base premium of $31,740 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). Illinois sits at the 89th percentile across 18 peer states.