Architects workers comp rate in Rhode Island
The filed workers comp rate for class code 8603 (Architects) in Rhode Island is $0.040 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $200 in base premium.
Rate per $100 $0.040
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-08-01
vs peers 53%
Confidence HIGH
FAQ
What is the workers comp rate for code 8603 in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 8603 (Architects) in Rhode Island is $0.040 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 8603 on $500,000 of payroll?
At $0.040 per $100, $500,000 of payroll yields a base premium of $200 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). Rhode Island sits at the 53th percentile across 15 peer states.