Wood Turning workers comp rate in Virginia
The filed workers comp rate for class code 2714 (Wood Turning) in Virginia is $1.55 per $100 of payroll , effective 2026-04-01. On $500,000 of payroll, that's roughly $7,735 in base premium.
Rate per $100 $1.55
Rate type loss_cost
Authority National Council on Compensation
Effective 2026-04-01
vs peers 16%
Confidence HIGH
FAQ
What is the workers comp rate for code 2714 in Virginia?
The filed workers comp loss cost / rate for NCCI class code 2714 (Wood Turning) in Virginia is $1.55 per $100 of payroll, effective 2026-04-01.
How much would I pay in Virginia for code 2714 on $500,000 of payroll?
At $1.55 per $100, $500,000 of payroll yields a base premium of $7,735 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). Virginia sits at the 16th percentile across 19 peer states.