Jewelry Salespersons workers comp rate in Rhode Island
The filed workers comp rate for class code 8721 (Jewelry Salespersons) in Rhode Island is $0.240 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $1,200 in base premium.
Rate per $100 $0.240
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-08-01
vs peers 88%
Confidence HIGH
Source quote
"CLASS CODE 8721 LOSS COST 0.24"
From National Council on Compensation, effective 2024-08-01.
FAQ
What is the workers comp rate for code 8721 in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 8721 (Jewelry Salespersons) in Rhode Island is $0.240 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 8721 on $500,000 of payroll?
At $0.240 per $100, $500,000 of payroll yields a base premium of $1,200 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8721?
UT has the cheapest filed rate for code 8721 ($0.050) and NV the highest ($0.490). Rhode Island sits at the 88th percentile across 17 peer states.