NCCI · 2 states

Workers comp rates for code 2705: Cooperage Stock Manufacturing

NCCI class code 2705 covers Cooperage Stock Manufacturing in the manufacturing industry. The median rate across 2 states is $34.79 per $100 payroll. Rates range from $8.38 in Tennessee to $34.79 in Louisiana.

Also known as: Barrel Stave Manufacturing

Cheapest 5 states for code 2705

  1. Tennessee $8.38
  2. Louisiana $34.79

Most expensive 5 states

  1. Louisiana $34.79
  2. Tennessee $8.38

Code 2705 rates in all 2 states

State Code Rate per $100 vs peers Source
Tennessee 2705 $8.38 - view
Louisiana 2705 $34.79 - view

Bottom quartile (cheap) Mid Top quartile (expensive)

FAQs about NCCI 2705

What occupation is NCCI class code 2705?

Class code 2705 is "Cooperage Stock Manufacturing" (also known as Barrel Stave Manufacturing), in the manufacturing industry. The code is filed in 2 states.

What is the average workers comp rate for code 2705?

The median rate across 2 states is $34.79 per $100 of payroll, ranging from $8.38 (Tennessee) to $34.79 (Louisiana).

Why does code 2705 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.