Hand Tool Manufacturing workers comp rate in Kentucky
The filed workers comp rate for class code 3307 (Hand Tool Manufacturing) in Kentucky is $0.840 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $4,200 in base premium.
Rate per $100 $0.840
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 10%
Confidence HIGH
Source quote
"CLASS 3307 LOSS COST 0.84"
From National Council on Compensation, effective 2024-01-01.
FAQ
What is the workers comp rate for code 3307 in Kentucky?
The filed workers comp loss cost / rate for NCCI class code 3307 (Hand Tool Manufacturing) in Kentucky is $0.840 per $100 of payroll, effective 2024-01-01.
How much would I pay in Kentucky for code 3307 on $500,000 of payroll?
At $0.840 per $100, $500,000 of payroll yields a base premium of $4,200 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). Kentucky sits at the 10th percentile across 21 peer states.