Jute & Hemp Spinning & Weaving workers comp rate in Nevada
The filed workers comp rate for class code 2305 (Jute & Hemp Spinning & Weaving) in Nevada is $1.61 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $8,050 in base premium.
Rate per $100 $1.61
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 79%
Confidence HIGH
FAQ
What is the workers comp rate for code 2305 in Nevada?
The filed workers comp loss cost / rate for NCCI class code 2305 (Jute & Hemp Spinning & Weaving) in Nevada is $1.61 per $100 of payroll, effective 2024-03-01.
How much would I pay in Nevada for code 2305 on $500,000 of payroll?
At $1.61 per $100, $500,000 of payroll yields a base premium of $8,050 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 2305?
UT has the cheapest filed rate for code 2305 ($0.490) and PA the highest ($3.80). Nevada sits at the 79th percentile across 19 peer states.