Wire Rope or Cable Manufacturing workers comp rate in Maryland
The filed workers comp rate for class code 3180 (Wire Rope or Cable Manufacturing) in Maryland is $0.990 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $4,950 in base premium.
Source quote
"CLASS CODE 3180 LOSS COST 0.99"
From National Council on Compensation, effective 2024-01-01.
FAQ
What is the workers comp rate for code 3180 in Maryland?
The filed workers comp loss cost / rate for NCCI class code 3180 (Wire Rope or Cable Manufacturing) in Maryland is $0.990 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 3180 on $500,000 of payroll?
At $0.990 per $100, $500,000 of payroll yields a base premium of $4,950 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). Maryland sits at the 32th percentile across 19 peer states.