Machine Shop workers comp rate in Arkansas
The filed workers comp rate for class code 3620 (Machine Shop) in Arkansas is $2.49 per $100 of payroll , effective 2024-07-01. On $500,000 of payroll, that's roughly $12,450 in base premium.
Rate per $100 $2.49
Rate type manual_rate
Authority National Council on Compensation
Effective 2024-07-01
vs peers 73%
Confidence HIGH
FAQ
What is the workers comp rate for code 3620 in Arkansas?
The filed workers comp loss cost / rate for NCCI class code 3620 (Machine Shop) in Arkansas is $2.49 per $100 of payroll, effective 2024-07-01.
How much would I pay in Arkansas for code 3620 on $500,000 of payroll?
At $2.49 per $100, $500,000 of payroll yields a base premium of $12,450 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3620?
VA has the cheapest filed rate for code 3620 ($0.615) and CA the highest ($6.45). Arkansas sits at the 73th percentile across 22 peer states.