Workers comp rates for code 2362: Knit Goods Mfg. (N.O.C.)
NCCI class code 2362 covers Knit Goods Mfg. (N.O.C.) in the manufacturing industry. The median rate across 21 states is $1.25 per $100 payroll. Rates range from $0.480 in Utah to $3.14 in New Jersey.
Also known as: Knitted fabric production · Knitwear manufacturing
Most expensive 5 states
- New Jersey $3.14
- Hawaii $2.99
- California $2.68
- Illinois $2.62
- Nevada $1.81
Code 2362 rates in all 21 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| Utah | 2362 | $0.480 | 5% | view |
| Kentucky | 2362 | $0.960 | 10% | view |
| Virginia | 2362 | $1.02 | 14% | view |
| Maryland | 2362 | $1.06 | 19% | view |
| Kansas | 2362 | $1.09 | 29% | view |
| Tennessee | 2362 | $1.09 | 29% | view |
| Oregon | 2362 | $1.12 | 33% | view |
| Minnesota | 2362 | $1.16 | 38% | view |
| Indiana | 2362 | $1.20 | 43% | view |
| Alabama | 2362 | $1.23 | 48% | view |
| Louisiana | 2362 | $1.25 | 52% | view |
| Alaska | 2362 | $1.39 | 57% | view |
| Oklahoma | 2362 | $1.42 | 62% | view |
| Arkansas | 2362 | $1.63 | 67% | view |
| Rhode Island | 2362 | $1.69 | 71% | view |
| New York | 2362 | $1.72 | 76% | view |
| Nevada | 2362 | $1.81 | 81% | view |
| Illinois | 2362 | $2.62 | 86% | view |
| California | 2362 | $2.68 | 100% | view |
| Hawaii | 2362 | $2.99 | 90% | view |
| New Jersey | 2362 | $3.14 | 95% | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 2362
What occupation is NCCI class code 2362?
Class code 2362 is "Knit Goods Mfg. (N.O.C.)" (also known as Knitted fabric production, Knitwear manufacturing), in the manufacturing industry. The code is filed in 21 states.
What is the average workers comp rate for code 2362?
The median rate across 21 states is $1.25 per $100 of payroll, ranging from $0.480 (Utah) to $3.14 (New Jersey).
Why does code 2362 cost more in some states than others?
Workers comp rates reflect each state's loss experience for that occupation, the rating bureau's methodology (NCCI vs. independent), schedule rating credits, and the state's medical-cost inflation. Some states are monopolistic (only the state fund writes coverage) while others are open competitive markets.