Drop or Machine Forging workers comp rate in New Jersey
The filed workers comp rate for class code 3270 (Drop or Machine Forging) in New Jersey is $2.04 per $100 of payroll , effective 2025-01-01. On $500,000 of payroll, that's roughly $10,200 in base premium.
Rate per $100 $2.04
Rate type manual_rate
Authority NCCI / state rating bureau
Effective 2025-01-01
vs peers 89%
Confidence HIGH
FAQ
What is the workers comp rate for code 3270 in New Jersey?
The filed workers comp loss cost / rate for NCCI class code 3270 (Drop or Machine Forging) in New Jersey is $2.04 per $100 of payroll, effective 2025-01-01.
How much would I pay in New Jersey for code 3270 on $500,000 of payroll?
At $2.04 per $100, $500,000 of payroll yields a base premium of $10,200 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3270?
UT has the cheapest filed rate for code 3270 ($0.450) and HI the highest ($2.68). New Jersey sits at the 89th percentile across 18 peer states.