Wood Turning workers comp rate in Louisiana
The filed workers comp rate for class code 2714 (Wood Turning) in Louisiana is $2.24 per $100 of payroll , effective 2024-05-01. On $500,000 of payroll, that's roughly $11,200 in base premium.
Rate per $100 $2.24
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-05-01
vs peers 53%
Confidence HIGH
Source quote
"CLASS CODE 2714 LOSS COST 2.24"
From National Council on Compensation, effective 2024-05-01.
FAQ
What is the workers comp rate for code 2714 in Louisiana?
The filed workers comp loss cost / rate for NCCI class code 2714 (Wood Turning) in Louisiana is $2.24 per $100 of payroll, effective 2024-05-01.
How much would I pay in Louisiana for code 2714 on $500,000 of payroll?
At $2.24 per $100, $500,000 of payroll yields a base premium of $11,200 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). Louisiana sits at the 53th percentile across 19 peer states.