Railroad Shop Employees workers comp rate in Indiana
The filed workers comp rate for class code 7421 (Railroad Shop Employees) in Indiana is $0.460 per $100 of payroll , effective 2023-01-01. On $500,000 of payroll, that's roughly $2,300 in base premium.
Rate per $100 $0.460
Rate type manual_rate
Authority Indiana Compensation Rating
Effective 2023-01-01
vs peers 73%
Confidence HIGH
FAQ
What is the workers comp rate for code 7421 in Indiana?
The filed workers comp loss cost / rate for NCCI class code 7421 (Railroad Shop Employees) in Indiana is $0.460 per $100 of payroll, effective 2023-01-01.
How much would I pay in Indiana for code 7421 on $500,000 of payroll?
At $0.460 per $100, $500,000 of payroll yields a base premium of $2,300 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7421?
UT has the cheapest filed rate for code 7421 ($0.130) and HI the highest ($0.790). Indiana sits at the 73th percentile across 22 peer states.