Architects workers comp rate in Alabama
The filed workers comp rate for class code 8603 (Architects) in Alabama is $0.050 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $250 in base premium.
Rate per $100 $0.050
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 80%
Confidence HIGH
FAQ
What is the workers comp rate for code 8603 in Alabama?
The filed workers comp loss cost / rate for NCCI class code 8603 (Architects) in Alabama is $0.050 per $100 of payroll, effective 2024-03-01.
How much would I pay in Alabama for code 8603 on $500,000 of payroll?
At $0.050 per $100, $500,000 of payroll yields a base premium of $250 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8603?
VA has the cheapest filed rate for code 8603 ($0.010) and NV the highest ($0.070). Alabama sits at the 80th percentile across 15 peer states.