Retail Store - Building Material workers comp rate in Rhode Island
The filed workers comp rate for class code 8235 (Retail Store - Building Material) in Rhode Island is $3.17 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $15,850 in base premium.
Source quote
"CLASS CODE 8235 LOSS COST 3.17"
From National Council on Compensation, effective 2024-08-01.
FAQ
What is the workers comp rate for code 8235 in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 8235 (Retail Store - Building Material) in Rhode Island is $3.17 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 8235 on $500,000 of payroll?
At $3.17 per $100, $500,000 of payroll yields a base premium of $15,850 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8235?
UT has the cheapest filed rate for code 8235 ($0.880) and NJ the highest ($7.83). Rhode Island sits at the 80th percentile across 20 peer states.