NCCI · 20 states

Workers comp rates for code 3042: Metal Wire Drawing

NCCI class code 3042 covers Metal Wire Drawing in the manufacturing industry. The median rate across 20 states is $2.05 per $100 payroll. Rates range from $0.570 in Utah to $4.57 in Hawaii.

Also known as: Wire Manufacturing · Wire Production

Cheapest 5 states for code 3042

  1. Utah $0.570
  2. Virginia $1.12
  3. Kansas $1.34
  4. Tennessee $1.36
  5. Kentucky $1.40

Most expensive 5 states

  1. Hawaii $4.57
  2. New Jersey $3.75
  3. Illinois $3.46
  4. New York $3.02
  5. Minnesota $2.83

Code 3042 rates in all 20 states

State Code Rate per $100 vs peers Source
Utah 3042 $0.570 5% view
Virginia 3042 $1.12 10% view
Kansas 3042 $1.34 15% view
Tennessee 3042 $1.36 20% view
Kentucky 3042 $1.40 25% view
Oregon 3042 $1.66 30% view
Maryland 3042 $1.69 35% view
Alabama 3042 $1.77 40% view
Indiana 3042 $1.88 45% view
Louisiana 3042 $1.89 50% view
Alaska 3042 $2.05 55% view
Arkansas 3042 $2.07 65% view
Oklahoma 3042 $2.07 65% view
Rhode Island 3042 $2.54 70% view
Nevada 3042 $2.60 75% view
Minnesota 3042 $2.83 80% view
New York 3042 $3.02 85% view
Illinois 3042 $3.46 90% view
New Jersey 3042 $3.75 95% view
Hawaii 3042 $4.57 100% view

Bottom quartile (cheap) Mid Top quartile (expensive)

FAQs about NCCI 3042

What occupation is NCCI class code 3042?

Class code 3042 is "Metal Wire Drawing" (also known as Wire Manufacturing, Wire Production), in the manufacturing industry. The code is filed in 20 states.

What is the average workers comp rate for code 3042?

The median rate across 20 states is $2.05 per $100 of payroll, ranging from $0.570 (Utah) to $4.57 (Hawaii).

Why does code 3042 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.