Hardware Stores workers comp rate in Alabama
The filed workers comp rate for class code 8006 (Hardware Stores) in Alabama is $1.33 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $6,650 in base premium.
Rate per $100 $1.33
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 86%
Confidence HIGH
FAQ
What is the workers comp rate for code 8006 in Alabama?
The filed workers comp loss cost / rate for NCCI class code 8006 (Hardware Stores) in Alabama is $1.33 per $100 of payroll, effective 2024-03-01.
How much would I pay in Alabama for code 8006 on $500,000 of payroll?
At $1.33 per $100, $500,000 of payroll yields a base premium of $6,650 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8006?
UT has the cheapest filed rate for code 8006 ($0.410) and CA the highest ($3.99). Alabama sits at the 86th percentile across 22 peer states.