Workers comp rates for code 2454: Wood Spool & Bobbin Manufacturing
NCCI class code 2454 covers Wood Spool & Bobbin Manufacturing in the manufacturing industry. The median rate across 1 states is $2.88 per $100 payroll. Rates range from $2.88 in Pennsylvania to $2.88 in Pennsylvania.
Also known as: Textile Spool Production · Wooden Reel Mfg
Cheapest 5 states for code 2454
- Pennsylvania $2.88
Most expensive 5 states
- Pennsylvania $2.88
Code 2454 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| Pennsylvania | 2454 | $2.88 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 2454
What occupation is NCCI class code 2454?
Class code 2454 is "Wood Spool & Bobbin Manufacturing" (also known as Textile Spool Production, Wooden Reel Mfg), in the manufacturing industry. The code is filed in 1 states.
What is the average workers comp rate for code 2454?
The median rate across 1 states is $2.88 per $100 of payroll, ranging from $2.88 (Pennsylvania) to $2.88 (Pennsylvania).
Why does code 2454 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.