Farm Machinery Sales workers comp rate in Arkansas
The filed workers comp rate for class code 8745 (Farm Machinery Sales) in Arkansas is $2.07 per $100 of payroll , effective 2024-07-01. On $500,000 of payroll, that's roughly $10,350 in base premium.
Rate per $100 $2.07
Rate type manual_rate
Authority National Council on Compensation
Effective 2024-07-01
vs peers 59%
Confidence HIGH
FAQ
What is the workers comp rate for code 8745 in Arkansas?
The filed workers comp loss cost / rate for NCCI class code 8745 (Farm Machinery Sales) in Arkansas is $2.07 per $100 of payroll, effective 2024-07-01.
How much would I pay in Arkansas for code 8745 on $500,000 of payroll?
At $2.07 per $100, $500,000 of payroll yields a base premium of $10,350 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8745?
UT has the cheapest filed rate for code 8745 ($0.750) and CA the highest ($9.21). Arkansas sits at the 59th percentile across 22 peer states.