Metal Scrap Dealer NOC workers comp rate in Alabama
The filed workers comp rate for class code 8500 (Metal Scrap Dealer NOC) in Alabama is $3.18 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $15,900 in base premium.
Rate per $100 $3.18
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 60%
Confidence HIGH
Source quote
"CLASS CODE 8500 LOSS COST 3.18"
From National Council on Compensation, effective 2024-03-01.
FAQ
What is the workers comp rate for code 8500 in Alabama?
The filed workers comp loss cost / rate for NCCI class code 8500 (Metal Scrap Dealer NOC) in Alabama is $3.18 per $100 of payroll, effective 2024-03-01.
How much would I pay in Alabama for code 8500 on $500,000 of payroll?
At $3.18 per $100, $500,000 of payroll yields a base premium of $15,900 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8500?
UT has the cheapest filed rate for code 8500 ($0.980) and CA the highest ($6.32). Alabama sits at the 60th percentile across 20 peer states.