Other Metal Foundries workers comp rate in Tennessee
The filed workers comp rate for class code 2916 (Other Metal Foundries) in Tennessee is $1.30 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $6,500 in base premium.
Rate per $100 $1.30
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 20%
Confidence HIGH
FAQ
What is the workers comp rate for code 2916 in Tennessee?
The filed workers comp loss cost / rate for NCCI class code 2916 (Other Metal Foundries) in Tennessee is $1.30 per $100 of payroll, effective 2024-03-01.
How much would I pay in Tennessee for code 2916 on $500,000 of payroll?
At $1.30 per $100, $500,000 of payroll yields a base premium of $6,500 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 2916?
UT has the cheapest filed rate for code 2916 ($0.510) and NJ the highest ($5.78). Tennessee sits at the 20th percentile across 20 peer states.