Retail Store - Department Store workers comp rate in Alabama
The filed workers comp rate for class code 8203 (Retail Store - Department Store) in Alabama is $3.21 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $16,050 in base premium.
Rate per $100 $3.21
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 42%
Confidence HIGH
FAQ
What is the workers comp rate for code 8203 in Alabama?
The filed workers comp loss cost / rate for NCCI class code 8203 (Retail Store - Department Store) in Alabama is $3.21 per $100 of payroll, effective 2024-03-01.
How much would I pay in Alabama for code 8203 on $500,000 of payroll?
At $3.21 per $100, $500,000 of payroll yields a base premium of $16,050 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8203?
UT has the cheapest filed rate for code 8203 ($1.21) and NJ the highest ($10.66). Alabama sits at the 42th percentile across 19 peer states.