Sheet Metal Products Manufacturing workers comp rate in Alabama
The filed workers comp rate for class code 3642 (Sheet Metal Products Manufacturing) in Alabama is $0.700 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $3,500 in base premium.
Rate per $100 $0.700
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 35%
Confidence HIGH
FAQ
What is the workers comp rate for code 3642 in Alabama?
The filed workers comp loss cost / rate for NCCI class code 3642 (Sheet Metal Products Manufacturing) in Alabama is $0.700 per $100 of payroll, effective 2024-03-01.
How much would I pay in Alabama for code 3642 on $500,000 of payroll?
At $0.700 per $100, $500,000 of payroll yields a base premium of $3,500 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3642?
UT has the cheapest filed rate for code 3642 ($0.270) and NJ the highest ($2.43). Alabama sits at the 35th percentile across 20 peer states.