Wire Rope or Cable Manufacturing workers comp rate in Alabama
The filed workers comp rate for class code 3180 (Wire Rope or Cable Manufacturing) in Alabama is $1.18 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $5,900 in base premium.
Rate per $100 $1.18
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 47%
Confidence HIGH
FAQ
What is the workers comp rate for code 3180 in Alabama?
The filed workers comp loss cost / rate for NCCI class code 3180 (Wire Rope or Cable Manufacturing) in Alabama is $1.18 per $100 of payroll, effective 2024-03-01.
How much would I pay in Alabama for code 3180 on $500,000 of payroll?
At $1.18 per $100, $500,000 of payroll yields a base premium of $5,900 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3180?
UT has the cheapest filed rate for code 3180 ($0.500) and CA the highest ($4.95). Alabama sits at the 47th percentile across 19 peer states.