Clothing Mfg. (N.O.C.) workers comp rate in Tennessee
The filed workers comp rate for class code 2402 (Clothing Mfg. (N.O.C.)) in Tennessee is $0.870 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $4,350 in base premium.
Rate per $100 $0.870
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 18%
Confidence HIGH
Source quote
"CLASS CODE 2402 LOSS COST 0.87"
From National Council on Compensation, effective 2024-03-01.
FAQ
What is the workers comp rate for code 2402 in Tennessee?
The filed workers comp loss cost / rate for NCCI class code 2402 (Clothing Mfg. (N.O.C.)) in Tennessee is $0.870 per $100 of payroll, effective 2024-03-01.
How much would I pay in Tennessee for code 2402 on $500,000 of payroll?
At $0.870 per $100, $500,000 of payroll yields a base premium of $4,350 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 2402?
UT has the cheapest filed rate for code 2402 ($0.370) and CA the highest ($9.36). Tennessee sits at the 18th percentile across 22 peer states.