Workers comp rates for code 2425: Wood Products Manufacturing
NCCI class code 2425 covers Wood Products Manufacturing in the manufacturing industry. The median rate across 1 states is $5.82 per $100 payroll. Rates range from $5.82 in Pennsylvania to $5.82 in Pennsylvania.
Also known as: Woodworking · Lumber Products
Cheapest 5 states for code 2425
- Pennsylvania $5.82
Most expensive 5 states
- Pennsylvania $5.82
Code 2425 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| Pennsylvania | 2425 | $5.82 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 2425
What occupation is NCCI class code 2425?
Class code 2425 is "Wood Products Manufacturing" (also known as Woodworking, Lumber Products), in the manufacturing industry. The code is filed in 1 states.
What is the average workers comp rate for code 2425?
The median rate across 1 states is $5.82 per $100 of payroll, ranging from $5.82 (Pennsylvania) to $5.82 (Pennsylvania).
Why does code 2425 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.