Louisiana · National Council on Compensation

Parking Garage/Lot workers comp rate in Louisiana

The filed workers comp rate for class code 7540 (Parking Garage/Lot) in Louisiana is $1.63 per $100 of payroll , effective 2024-05-01. On $500,000 of payroll, that's roughly $8,150 in base premium.

Rate per $100 $1.63
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-05-01
vs peers 61%
Confidence HIGH

FAQ

What is the workers comp rate for code 7540 in Louisiana?

The filed workers comp loss cost / rate for NCCI class code 7540 (Parking Garage/Lot) in Louisiana is $1.63 per $100 of payroll, effective 2024-05-01.

How much would I pay in Louisiana for code 7540 on $500,000 of payroll?

At $1.63 per $100, $500,000 of payroll yields a base premium of $8,150 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.

Where else can I see code 7540?

UT has the cheapest filed rate for code 7540 ($0.460) and IL the highest ($3.66). Louisiana sits at the 61th percentile across 18 peer states.