Workers comp rates for code 3412: Electrical/Electronic Product Mfg NOC
NCCI class code 3412 covers Electrical/Electronic Product Mfg NOC in the manufacturing industry. The median rate across 1 states is $1.64 per $100 payroll. Rates range from $1.64 in Washington to $1.64 in Washington.
Also known as: General Electronic Production
Cheapest 5 states for code 3412
- Washington $1.64
Most expensive 5 states
- Washington $1.64
Code 3412 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| Washington monopolistic | 3412 | $1.64 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 3412
What occupation is NCCI class code 3412?
Class code 3412 is "Electrical/Electronic Product Mfg NOC" (also known as General Electronic Production), in the manufacturing industry. The code is filed in 1 states.
What is the average workers comp rate for code 3412?
The median rate across 1 states is $1.64 per $100 of payroll, ranging from $1.64 (Washington) to $1.64 (Washington).
Why does code 3412 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.