Railroad Operations workers comp rate in Virginia
The filed workers comp rate for class code 7420 (Railroad Operations) in Virginia is $2.79 per $100 of payroll , effective 2026-04-01. On $500,000 of payroll, that's roughly $13,930 in base premium.
Rate per $100 $2.79
Rate type loss_cost
Authority National Council on Compensation
Effective 2026-04-01
vs peers 56%
Confidence HIGH
Source quote
"CLASS CODE 7420 LOSS COST 2.786"
From National Council on Compensation, effective 2026-04-01.
FAQ
What is the workers comp rate for code 7420 in Virginia?
The filed workers comp loss cost / rate for NCCI class code 7420 (Railroad Operations) in Virginia is $2.79 per $100 of payroll, effective 2026-04-01.
How much would I pay in Virginia for code 7420 on $500,000 of payroll?
At $2.79 per $100, $500,000 of payroll yields a base premium of $13,930 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). Virginia sits at the 56th percentile across 18 peer states.