Question 1

How much does workers' comp cost for Marine Transportation in Rhode Island?

Accepted Answer

The current rate for Marine Transportation (Class Code 7327) in Rhode Island is $14.25 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $7125 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Rhode Island?

Accepted Answer

Yes, workers' compensation insurance is mandatory in Rhode Island for all employers with at least one employee.

Question 3

How does Rhode Island's rate compare to other states?

Accepted Answer

Rhode Island's rate for Marine Transportation is $14.25, which is $0.91 above the national average of $13.34 (+7%).

Question 4

What does class code 7327 cover?

Accepted Answer

Covers workers operating marine vessels for passenger and cargo transportation on waterways.

State	Rate per $100	Difference
Rhode Island (current)	$14.25	—
Indiana	$9.75	-4.50
Texas	$10.25	-4.00
Virginia	$10.38	-3.87
Utah	$10.63	-3.62
Arkansas	$11.00	-3.25

Workers' Comp Rate for Marine Transportation in Rhode Island (Class Code 7327)

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