Liquor Stores workers comp rate in Tennessee
The filed workers comp rate for class code 8031 (Liquor Stores) in Tennessee is $0.680 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $3,400 in base premium.
Rate per $100 $0.680
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 9%
Confidence HIGH
Source quote
"CLASS CODE 8031 LOSS COST 0.68"
From National Council on Compensation, effective 2024-03-01.
FAQ
What is the workers comp rate for code 8031 in Tennessee?
The filed workers comp loss cost / rate for NCCI class code 8031 (Liquor Stores) in Tennessee is $0.680 per $100 of payroll, effective 2024-03-01.
How much would I pay in Tennessee for code 8031 on $500,000 of payroll?
At $0.680 per $100, $500,000 of payroll yields a base premium of $3,400 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8031?
UT has the cheapest filed rate for code 8031 ($0.440) and NJ the highest ($7.25). Tennessee sits at the 9th percentile across 22 peer states.