Consulting Engineers workers comp rate in Rhode Island
The filed workers comp rate for class code 8601 (Consulting Engineers) in Rhode Island is $0.160 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $800 in base premium.
Rate per $100 $0.160
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-08-01
vs peers 41%
Confidence HIGH
Source quote
"CLASS CODE 8601 LOSS COST 0.16"
From National Council on Compensation, effective 2024-08-01.
FAQ
What is the workers comp rate for code 8601 in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 8601 (Consulting Engineers) in Rhode Island is $0.160 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 8601 on $500,000 of payroll?
At $0.160 per $100, $500,000 of payroll yields a base premium of $800 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8601?
UT has the cheapest filed rate for code 8601 ($0.060) and NJ the highest ($0.510). Rhode Island sits at the 41th percentile across 22 peer states.