Drop or Machine Forging workers comp rate in New York
The filed workers comp rate for class code 3122 (Drop or Machine Forging) in New York is $4.43 per $100 of payroll , effective 2025-10-01. On $500,000 of payroll, that's roughly $22,140 in base premium.
Rate per $100 $4.43
Rate type loss_cost
Authority New York Compensation Insurance Rating
Effective 2025-10-01
vs peers 95%
Confidence HIGH
FAQ
What is the workers comp rate for code 3122 in New York?
The filed workers comp loss cost / rate for NCCI class code 3122 (Drop or Machine Forging) in New York is $4.43 per $100 of payroll, effective 2025-10-01.
How much would I pay in New York for code 3122 on $500,000 of payroll?
At $4.43 per $100, $500,000 of payroll yields a base premium of $22,140 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3122?
UT has the cheapest filed rate for code 3122 ($0.380) and NJ the highest ($5.71). New York sits at the 95th percentile across 19 peer states.