Workers comp rates for code 3408: Radio, TV, Phonograph Mfg
NCCI class code 3408 covers Radio, TV, Phonograph Mfg in the manufacturing industry. The median rate across 1 states is $0.784 per $100 payroll. Rates range from $0.784 in Washington to $0.784 in Washington.
Also known as: Consumer Electronics Mfg
Cheapest 5 states for code 3408
- Washington $0.784
Most expensive 5 states
- Washington $0.784
Code 3408 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| Washington monopolistic | 3408 | $0.784 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 3408
What occupation is NCCI class code 3408?
Class code 3408 is "Radio, TV, Phonograph Mfg" (also known as Consumer Electronics Mfg), in the manufacturing industry. The code is filed in 1 states.
What is the average workers comp rate for code 3408?
The median rate across 1 states is $0.784 per $100 of payroll, ranging from $0.784 (Washington) to $0.784 (Washington).
Why does code 3408 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.