Forging - Drop or Machine workers comp rate in Virginia
The filed workers comp rate for class code 3004 (Forging - Drop or Machine) in Virginia is $0.493 per $100 of payroll , effective 2026-04-01. On $500,000 of payroll, that's roughly $2,465 in base premium.
Rate per $100 $0.493
Rate type loss_cost
Authority National Council on Compensation
Effective 2026-04-01
vs peers 14%
Confidence HIGH
FAQ
What is the workers comp rate for code 3004 in Virginia?
The filed workers comp loss cost / rate for NCCI class code 3004 (Forging - Drop or Machine) in Virginia is $0.493 per $100 of payroll, effective 2026-04-01.
How much would I pay in Virginia for code 3004 on $500,000 of payroll?
At $0.493 per $100, $500,000 of payroll yields a base premium of $2,465 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). Virginia sits at the 14th percentile across 21 peer states.