NCCI · 21 states

Workers comp rates for code 3004: Forging - Drop or Machine

NCCI class code 3004 covers Forging - Drop or Machine in the manufacturing industry. The median rate across 21 states is $0.870 per $100 payroll. Rates range from $0.210 in Utah to $4.07 in New Jersey.

Also known as: Metal Forging · Drop Forging

Cheapest 5 states for code 3004

  1. Utah $0.210
  2. Kentucky $0.430
  3. Virginia $0.493
  4. Alabama $0.570
  5. Tennessee $0.590

Most expensive 5 states

  1. New Jersey $4.07
  2. New York $2.42
  3. Illinois $2.32
  4. Hawaii $1.58
  5. Oregon $1.23

Code 3004 rates in all 21 states

State Code Rate per $100 vs peers Source
Utah 3004 $0.210 5% view
Kentucky 3004 $0.430 10% view
Virginia 3004 $0.493 14% view
Alabama 3004 $0.570 19% view
Tennessee 3004 $0.590 24% view
Indiana 3004 $0.650 29% view
Alaska 3004 $0.680 33% view
Maryland 3004 $0.690 38% view
Louisiana 3004 $0.760 43% view
Arkansas 3004 $0.860 48% view
Oklahoma 3004 $0.870 52% view
Kansas 3004 $0.880 57% view
Rhode Island 3004 $0.910 62% view
Michigan 3004 $0.940 67% view
Nevada 3004 $1.04 71% view
Minnesota 3004 $1.10 76% view
Oregon 3004 $1.23 81% view
Hawaii 3004 $1.58 86% view
Illinois 3004 $2.32 90% view
New York 3004 $2.42 95% view
New Jersey 3004 $4.07 100% view

Bottom quartile (cheap) Mid Top quartile (expensive)

FAQs about NCCI 3004

What occupation is NCCI class code 3004?

Class code 3004 is "Forging - Drop or Machine" (also known as Metal Forging, Drop Forging), in the manufacturing industry. The code is filed in 21 states.

What is the average workers comp rate for code 3004?

The median rate across 21 states is $0.870 per $100 of payroll, ranging from $0.210 (Utah) to $4.07 (New Jersey).

Why does code 3004 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.