Metal Drum or Barrel Mfg. workers comp rate in New York
The filed workers comp rate for class code 3040 (Metal Drum or Barrel Mfg.) in New York is $6.49 per $100 of payroll , effective 2025-10-01. On $500,000 of payroll, that's roughly $32,450 in base premium.
Rate per $100 $6.49
Rate type loss_cost
Authority New York Compensation Insurance Rating
Effective 2025-10-01
vs peers 86%
Confidence HIGH
FAQ
What is the workers comp rate for code 3040 in New York?
The filed workers comp loss cost / rate for NCCI class code 3040 (Metal Drum or Barrel Mfg.) in New York is $6.49 per $100 of payroll, effective 2025-10-01.
How much would I pay in New York for code 3040 on $500,000 of payroll?
At $6.49 per $100, $500,000 of payroll yields a base premium of $32,450 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3040?
UT has the cheapest filed rate for code 3040 ($0.860) and HI the highest ($7.79). New York sits at the 86th percentile across 22 peer states.