Workers comp rates for code 2507: Leather Goods Manufacturing
NCCI class code 2507 covers Leather Goods Manufacturing in the manufacturing industry. The median rate across 1 states is $1.63 per $100 payroll. Rates range from $1.63 in Pennsylvania to $1.63 in Pennsylvania.
Also known as: Leather Apparel Production · Leather Garment Mfg
Cheapest 5 states for code 2507
- Pennsylvania $1.63
Most expensive 5 states
- Pennsylvania $1.63
Code 2507 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| Pennsylvania | 2507 | $1.63 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 2507
What occupation is NCCI class code 2507?
Class code 2507 is "Leather Goods Manufacturing" (also known as Leather Apparel Production, Leather Garment Mfg), in the manufacturing industry. The code is filed in 1 states.
What is the average workers comp rate for code 2507?
The median rate across 1 states is $1.63 per $100 of payroll, ranging from $1.63 (Pennsylvania) to $1.63 (Pennsylvania).
Why does code 2507 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.