Workers comp rates for code 2592: Leather Goods Manufacturing
NCCI class code 2592 covers Leather Goods Manufacturing in the manufacturing industry. The median rate across 2 states is $2.55 per $100 payroll. Rates range from $1.85 in Oregon to $2.55 in Alaska.
Also known as: Handbag manufacturer · Wallet factory
Code 2592 rates in all 2 states
FAQs about NCCI 2592
What occupation is NCCI class code 2592?
Class code 2592 is "Leather Goods Manufacturing" (also known as Handbag manufacturer, Wallet factory), in the manufacturing industry. The code is filed in 2 states.
What is the average workers comp rate for code 2592?
The median rate across 2 states is $2.55 per $100 of payroll, ranging from $1.85 (Oregon) to $2.55 (Alaska).
Why does code 2592 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.