Jute & Hemp Spinning & Weaving workers comp rate in Virginia
The filed workers comp rate for class code 2305 (Jute & Hemp Spinning & Weaving) in Virginia is $0.697 per $100 of payroll , effective 2026-04-01. On $500,000 of payroll, that's roughly $3,485 in base premium.
Rate per $100 $0.697
Rate type loss_cost
Authority National Council on Compensation
Effective 2026-04-01
vs peers 11%
Confidence HIGH
FAQ
What is the workers comp rate for code 2305 in Virginia?
The filed workers comp loss cost / rate for NCCI class code 2305 (Jute & Hemp Spinning & Weaving) in Virginia is $0.697 per $100 of payroll, effective 2026-04-01.
How much would I pay in Virginia for code 2305 on $500,000 of payroll?
At $0.697 per $100, $500,000 of payroll yields a base premium of $3,485 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). Virginia sits at the 11th percentile across 19 peer states.