Hand Tool Manufacturing workers comp rate in Utah
The filed workers comp rate for class code 3307 (Hand Tool Manufacturing) in Utah is $0.440 per $100 of payroll , effective 2025-02-01. On $500,000 of payroll, that's roughly $2,200 in base premium.
Rate per $100 $0.440
Rate type advisory_pure_premium
Authority National Council on Compensation
Effective 2025-02-01
vs peers 5%
Confidence HIGH
Source quote
"3307 0.44 0.41"
From National Council on Compensation, effective 2025-02-01.
FAQ
What is the workers comp rate for code 3307 in Utah?
The filed workers comp loss cost / rate for NCCI class code 3307 (Hand Tool Manufacturing) in Utah is $0.440 per $100 of payroll, effective 2025-02-01.
How much would I pay in Utah for code 3307 on $500,000 of payroll?
At $0.440 per $100, $500,000 of payroll yields a base premium of $2,200 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). Utah sits at the 5th percentile across 21 peer states.