Hand Tool Manufacturing workers comp rate in Illinois
The filed workers comp rate for class code 3307 (Hand Tool Manufacturing) in Illinois is $2.53 per $100 of payroll , effective 2026-01-01. On $500,000 of payroll, that's roughly $12,650 in base premium.
Rate per $100 $2.53
Rate type advisory_rate
Authority NCCI / state rating bureau
Effective 2026-01-01
vs peers 90%
Confidence HIGH
FAQ
What is the workers comp rate for code 3307 in Illinois?
The filed workers comp loss cost / rate for NCCI class code 3307 (Hand Tool Manufacturing) in Illinois is $2.53 per $100 of payroll, effective 2026-01-01.
How much would I pay in Illinois for code 3307 on $500,000 of payroll?
At $2.53 per $100, $500,000 of payroll yields a base premium of $12,650 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3307?
UT has the cheapest filed rate for code 3307 ($0.440) and NJ the highest ($4.55). Illinois sits at the 90th percentile across 21 peer states.