Metal Wire Drawing workers comp rate in Indiana
The filed workers comp rate for class code 3042 (Metal Wire Drawing) in Indiana is $1.88 per $100 of payroll , effective 2023-01-01. On $500,000 of payroll, that's roughly $9,400 in base premium.
Rate per $100 $1.88
Rate type manual_rate
Authority Indiana Compensation Rating
Effective 2023-01-01
vs peers 45%
Confidence HIGH
FAQ
What is the workers comp rate for code 3042 in Indiana?
The filed workers comp loss cost / rate for NCCI class code 3042 (Metal Wire Drawing) in Indiana is $1.88 per $100 of payroll, effective 2023-01-01.
How much would I pay in Indiana for code 3042 on $500,000 of payroll?
At $1.88 per $100, $500,000 of payroll yields a base premium of $9,400 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3042?
UT has the cheapest filed rate for code 3042 ($0.570) and HI the highest ($4.57). Indiana sits at the 45th percentile across 20 peer states.