Wood Turning workers comp rate in Illinois
The filed workers comp rate for class code 2714 (Wood Turning) in Illinois is $4.57 per $100 of payroll , effective 2026-01-01. On $500,000 of payroll, that's roughly $22,870 in base premium.
Rate per $100 $4.57
Rate type advisory_rate
Authority NCCI / state rating bureau
Effective 2026-01-01
vs peers 95%
Confidence HIGH
FAQ
What is the workers comp rate for code 2714 in Illinois?
The filed workers comp loss cost / rate for NCCI class code 2714 (Wood Turning) in Illinois is $4.57 per $100 of payroll, effective 2026-01-01.
How much would I pay in Illinois for code 2714 on $500,000 of payroll?
At $4.57 per $100, $500,000 of payroll yields a base premium of $22,870 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 2714?
UT has the cheapest filed rate for code 2714 ($0.900) and HI the highest ($5.25). Illinois sits at the 95th percentile across 19 peer states.