Workers comp rates for code 2862: Spool, Last, Shoe Tree Mfg.
NCCI class code 2862 covers Spool, Last, Shoe Tree Mfg. in the manufacturing industry. The median rate across 1 states is $4.90 per $100 payroll. Rates range from $4.90 in Pennsylvania to $4.90 in Pennsylvania.
Also known as: Bobbin Manufacturing · Shuttle Manufacturing
Cheapest 5 states for code 2862
- Pennsylvania $4.90
Most expensive 5 states
- Pennsylvania $4.90
Code 2862 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| Pennsylvania | 2862 | $4.90 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 2862
What occupation is NCCI class code 2862?
Class code 2862 is "Spool, Last, Shoe Tree Mfg." (also known as Bobbin Manufacturing, Shuttle Manufacturing), in the manufacturing industry. The code is filed in 1 states.
What is the average workers comp rate for code 2862?
The median rate across 1 states is $4.90 per $100 of payroll, ranging from $4.90 (Pennsylvania) to $4.90 (Pennsylvania).
Why does code 2862 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.