Die Casting Foundry workers comp rate in Maryland
The filed workers comp rate for class code 3224 (Die Casting Foundry) in Maryland is $1.52 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $7,600 in base premium.
Rate per $100 $1.52
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 39%
Confidence HIGH
Source quote
"CLASS CODE 3224 LOSS COST 1.52"
From National Council on Compensation, effective 2024-01-01.
FAQ
What is the workers comp rate for code 3224 in Maryland?
The filed workers comp loss cost / rate for NCCI class code 3224 (Die Casting Foundry) in Maryland is $1.52 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 3224 on $500,000 of payroll?
At $1.52 per $100, $500,000 of payroll yields a base premium of $7,600 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3224?
UT has the cheapest filed rate for code 3224 ($0.680) and HI the highest ($3.82). Maryland sits at the 39th percentile across 18 peer states.