Machine Parts Mfg. - N.O.C. workers comp rate in Maryland
The filed workers comp rate for class code 3064 (Machine Parts Mfg. - N.O.C.) in Maryland is $1.43 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $7,150 in base premium.
Rate per $100 $1.43
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 30%
Confidence HIGH
FAQ
What is the workers comp rate for code 3064 in Maryland?
The filed workers comp loss cost / rate for NCCI class code 3064 (Machine Parts Mfg. - N.O.C.) in Maryland is $1.43 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 3064 on $500,000 of payroll?
At $1.43 per $100, $500,000 of payroll yields a base premium of $7,150 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3064?
UT has the cheapest filed rate for code 3064 ($0.590) and IL the highest ($4.31). Maryland sits at the 30th percentile across 20 peer states.