Workers comp rates for code 3406: Electrical Apparatus Manufacturing
NCCI class code 3406 covers Electrical Apparatus Manufacturing in the manufacturing industry. The median rate across 1 states is $0.765 per $100 payroll. Rates range from $0.765 in Washington to $0.765 in Washington.
Also known as: Electrical Equipment Mfg · Appliance Manufacturing
Cheapest 5 states for code 3406
- Washington $0.765
Most expensive 5 states
- Washington $0.765
Code 3406 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| Washington monopolistic | 3406 | $0.765 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 3406
What occupation is NCCI class code 3406?
Class code 3406 is "Electrical Apparatus Manufacturing" (also known as Electrical Equipment Mfg, Appliance Manufacturing), in the manufacturing industry. The code is filed in 1 states.
What is the average workers comp rate for code 3406?
The median rate across 1 states is $0.765 per $100 of payroll, ranging from $0.765 (Washington) to $0.765 (Washington).
Why does code 3406 cost more in some states than others?
Workers comp rates reflect each state's loss experience for that occupation, the rating bureau's methodology (NCCI vs. independent), schedule rating credits, and the state's medical-cost inflation. Some states are monopolistic (only the state fund writes coverage) while others are open competitive markets.