Iron or Steel Works workers comp rate in Alabama
The filed workers comp rate for class code 3647 D (Iron or Steel Works) in Alabama is $1.25 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $6,250 in base premium.
Rate per $100 $1.25
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
Confidence HIGH
Source quote
"CLASS CODE 3647D LOSS COST 1.25"
From National Council on Compensation, effective 2024-03-01.
FAQ
What is the workers comp rate for code 3647 D in Alabama?
The filed workers comp loss cost / rate for NCCI class code 3647 D (Iron or Steel Works) in Alabama is $1.25 per $100 of payroll, effective 2024-03-01.
How much would I pay in Alabama for code 3647 D on $500,000 of payroll?
At $1.25 per $100, $500,000 of payroll yields a base premium of $6,250 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.