Electrical Apparatus Servicing workers comp rate in Kentucky
The filed workers comp rate for class code 9516 (Electrical Apparatus Servicing) in Kentucky is $1.03 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $5,150 in base premium.
Rate per $100 $1.03
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 37%
Confidence HIGH
Source quote
"CLASS 9516 LOSS COST 1.03"
From National Council on Compensation, effective 2024-01-01.
FAQ
What is the workers comp rate for code 9516 in Kentucky?
The filed workers comp loss cost / rate for NCCI class code 9516 (Electrical Apparatus Servicing) in Kentucky is $1.03 per $100 of payroll, effective 2024-01-01.
How much would I pay in Kentucky for code 9516 on $500,000 of payroll?
At $1.03 per $100, $500,000 of payroll yields a base premium of $5,150 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 9516?
UT has the cheapest filed rate for code 9516 ($0.640) and CA the highest ($2.37). Kentucky sits at the 37th percentile across 19 peer states.