Retail Bakery workers comp rate in Rhode Island
The filed workers comp rate for class code 8045 (Retail Bakery) in Rhode Island is $0.550 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $2,750 in base premium.
Rate per $100 $0.550
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-08-01
vs peers 84%
Confidence HIGH
FAQ
What is the workers comp rate for code 8045 in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 8045 (Retail Bakery) in Rhode Island is $0.550 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 8045 on $500,000 of payroll?
At $0.550 per $100, $500,000 of payroll yields a base premium of $2,750 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8045?
UT has the cheapest filed rate for code 8045 ($0.150) and IL the highest ($1.04). Rhode Island sits at the 84th percentile across 19 peer states.