Machine Shop workers comp rate in Nevada
The filed workers comp rate for class code 3620 (Machine Shop) in Nevada is $2.74 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $13,700 in base premium.
Rate per $100 $2.74
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 77%
Confidence HIGH
Source quote
"3620 2.98 2.74"
From National Council on Compensation, effective 2024-03-01.
FAQ
What is the workers comp rate for code 3620 in Nevada?
The filed workers comp loss cost / rate for NCCI class code 3620 (Machine Shop) in Nevada is $2.74 per $100 of payroll, effective 2024-03-01.
How much would I pay in Nevada for code 3620 on $500,000 of payroll?
At $2.74 per $100, $500,000 of payroll yields a base premium of $13,700 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). Nevada sits at the 77th percentile across 22 peer states.