Indiana · Indiana Compensation Rating

Knit Goods Mfg. (N.O.C.) workers comp rate in Indiana

The filed workers comp rate for class code 2362 (Knit Goods Mfg. (N.O.C.)) in Indiana is $1.20 per $100 of payroll , effective 2023-01-01. On $500,000 of payroll, that's roughly $6,000 in base premium.

Rate per $100 $1.20
Rate type manual_rate
Authority Indiana Compensation Rating
Effective 2023-01-01
vs peers 43%
Confidence HIGH

FAQ

What is the workers comp rate for code 2362 in Indiana?

The filed workers comp loss cost / rate for NCCI class code 2362 (Knit Goods Mfg. (N.O.C.)) in Indiana is $1.20 per $100 of payroll, effective 2023-01-01.

How much would I pay in Indiana for code 2362 on $500,000 of payroll?

At $1.20 per $100, $500,000 of payroll yields a base premium of $6,000 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.

Where else can I see code 2362?

UT has the cheapest filed rate for code 2362 ($0.480) and CA the highest ($12.18). Indiana sits at the 43th percentile across 21 peer states.