Metal Wire Drawing workers comp rate in New York
The filed workers comp rate for class code 3042 (Metal Wire Drawing) in New York is $3.02 per $100 of payroll , effective 2025-10-01. On $500,000 of payroll, that's roughly $15,120 in base premium.
Rate per $100 $3.02
Rate type loss_cost
Authority New York Compensation Insurance Rating
Effective 2025-10-01
vs peers 85%
Confidence HIGH
Source quote
"3042 3.024"
From New York Compensation Insurance Rating, effective 2025-10-01.
FAQ
What is the workers comp rate for code 3042 in New York?
The filed workers comp loss cost / rate for NCCI class code 3042 (Metal Wire Drawing) in New York is $3.02 per $100 of payroll, effective 2025-10-01.
How much would I pay in New York for code 3042 on $500,000 of payroll?
At $3.02 per $100, $500,000 of payroll yields a base premium of $15,120 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). New York sits at the 85th percentile across 20 peer states.