Railroad Shop Employees workers comp rate in Kentucky
The filed workers comp rate for class code 7421 (Railroad Shop Employees) in Kentucky is $0.400 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $2,000 in base premium.
Rate per $100 $0.400
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 55%
Confidence HIGH
FAQ
What is the workers comp rate for code 7421 in Kentucky?
The filed workers comp loss cost / rate for NCCI class code 7421 (Railroad Shop Employees) in Kentucky is $0.400 per $100 of payroll, effective 2024-01-01.
How much would I pay in Kentucky for code 7421 on $500,000 of payroll?
At $0.400 per $100, $500,000 of payroll yields a base premium of $2,000 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). Kentucky sits at the 55th percentile across 22 peer states.