New York · New York Compensation Insurance Rating

Forging - Drop or Machine workers comp rate in New York

The filed workers comp rate for class code 3004 (Forging - Drop or Machine) in New York is $2.42 per $100 of payroll , effective 2025-10-01. On $500,000 of payroll, that's roughly $12,115 in base premium.

Rate per $100 $2.42
Rate type loss_cost
Authority New York Compensation Insurance Rating
Effective 2025-10-01
vs peers 95%
Confidence HIGH

FAQ

What is the workers comp rate for code 3004 in New York?

The filed workers comp loss cost / rate for NCCI class code 3004 (Forging - Drop or Machine) in New York is $2.42 per $100 of payroll, effective 2025-10-01.

How much would I pay in New York for code 3004 on $500,000 of payroll?

At $2.42 per $100, $500,000 of payroll yields a base premium of $12,115 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.

Where else can I see code 3004?

UT has the cheapest filed rate for code 3004 ($0.210) and NJ the highest ($5.12). New York sits at the 95th percentile across 21 peer states.