Parking Garage/Lot workers comp rate in Utah
The filed workers comp rate for class code 7540 (Parking Garage/Lot) in Utah is $0.460 per $100 of payroll , effective 2025-02-01. On $500,000 of payroll, that's roughly $2,300 in base premium.
Rate per $100 $0.460
Rate type advisory_pure_premium
Authority National Council on Compensation
Effective 2025-02-01
vs peers 6%
Confidence HIGH
FAQ
What is the workers comp rate for code 7540 in Utah?
The filed workers comp loss cost / rate for NCCI class code 7540 (Parking Garage/Lot) in Utah is $0.460 per $100 of payroll, effective 2025-02-01.
How much would I pay in Utah for code 7540 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 7540?
UT has the cheapest filed rate for code 7540 ($0.460) and IL the highest ($3.66). Utah sits at the 6th percentile across 18 peer states.