Metal Drum or Barrel Mfg. workers comp rate in Utah
The filed workers comp rate for class code 3040 (Metal Drum or Barrel Mfg.) in Utah is $0.860 per $100 of payroll , effective 2025-02-01. On $500,000 of payroll, that's roughly $4,300 in base premium.
Rate per $100 $0.860
Rate type advisory_pure_premium
Authority National Council on Compensation
Effective 2025-02-01
vs peers 5%
Confidence HIGH
Source quote
"3040 0.86 0.41"
From National Council on Compensation, effective 2025-02-01.
FAQ
What is the workers comp rate for code 3040 in Utah?
The filed workers comp loss cost / rate for NCCI class code 3040 (Metal Drum or Barrel Mfg.) in Utah is $0.860 per $100 of payroll, effective 2025-02-01.
How much would I pay in Utah for code 3040 on $500,000 of payroll?
At $0.860 per $100, $500,000 of payroll yields a base premium of $4,300 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). Utah sits at the 5th percentile across 22 peer states.