Hand Tool Manufacturing workers comp rate in Louisiana
The filed workers comp rate for class code 3307 (Hand Tool Manufacturing) in Louisiana is $1.26 per $100 of payroll , effective 2024-05-01. On $500,000 of payroll, that's roughly $6,300 in base premium.
Rate per $100 $1.26
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-05-01
vs peers 43%
Confidence HIGH
FAQ
What is the workers comp rate for code 3307 in Louisiana?
The filed workers comp loss cost / rate for NCCI class code 3307 (Hand Tool Manufacturing) in Louisiana is $1.26 per $100 of payroll, effective 2024-05-01.
How much would I pay in Louisiana for code 3307 on $500,000 of payroll?
At $1.26 per $100, $500,000 of payroll yields a base premium of $6,300 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). Louisiana sits at the 43th percentile across 21 peer states.