Railroad Operations workers comp rate in Kentucky
The filed workers comp rate for class code 7420 (Railroad Operations) in Kentucky is $2.50 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $12,500 in base premium.
Rate per $100 $2.50
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 39%
Confidence HIGH
Source quote
"CLASS 7420 LOSS COST 2.50"
From National Council on Compensation, effective 2024-01-01.
FAQ
What is the workers comp rate for code 7420 in Kentucky?
The filed workers comp loss cost / rate for NCCI class code 7420 (Railroad Operations) in Kentucky is $2.50 per $100 of payroll, effective 2024-01-01.
How much would I pay in Kentucky for code 7420 on $500,000 of payroll?
At $2.50 per $100, $500,000 of payroll yields a base premium of $12,500 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). Kentucky sits at the 39th percentile across 18 peer states.