Wood Musical Instrument Mfg. workers comp rate in New York
The filed workers comp rate for class code 2731 (Wood Musical Instrument Mfg.) in New York is $2.58 per $100 of payroll , effective 2025-10-01. On $500,000 of payroll, that's roughly $12,925 in base premium.
Rate per $100 $2.58
Rate type loss_cost
Authority New York Compensation Insurance Rating
Effective 2025-10-01
vs peers 76%
Confidence HIGH
FAQ
What is the workers comp rate for code 2731 in New York?
The filed workers comp loss cost / rate for NCCI class code 2731 (Wood Musical Instrument Mfg.) in New York is $2.58 per $100 of payroll, effective 2025-10-01.
How much would I pay in New York for code 2731 on $500,000 of payroll?
At $2.58 per $100, $500,000 of payroll yields a base premium of $12,925 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 2731?
UT has the cheapest filed rate for code 2731 ($0.810) and CA the highest ($6.44). New York sits at the 76th percentile across 21 peer states.