NCCI · 1 states

Workers comp rates for code 3628: Tool Manufacturing

NCCI class code 3628 covers Tool Manufacturing in the manufacturing industry. The median rate across 1 states is $1.36 per $100 payroll. Rates range from $1.36 in Michigan to $1.36 in Michigan.

Also known as: Hand Tool Production · Machine Tool Mfg

Cheapest 5 states for code 3628

  1. Michigan $1.36

Most expensive 5 states

  1. Michigan $1.36

Code 3628 rates in all 1 states

State Code Rate per $100 vs peers Source
Michigan 3628 $1.36 - view

Bottom quartile (cheap) Mid Top quartile (expensive)

FAQs about NCCI 3628

What occupation is NCCI class code 3628?

Class code 3628 is "Tool Manufacturing" (also known as Hand Tool Production, Machine Tool Mfg), in the manufacturing industry. The code is filed in 1 states.

What is the average workers comp rate for code 3628?

The median rate across 1 states is $1.36 per $100 of payroll, ranging from $1.36 (Michigan) to $1.36 (Michigan).

Why does code 3628 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.