Iron or Steel Works workers comp rate in Maryland
The filed workers comp rate for class code 3647 (Iron or Steel Works) in Maryland is $0.940 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $4,700 in base premium.
Rate per $100 $0.940
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 15%
Confidence HIGH
FAQ
What is the workers comp rate for code 3647 in Maryland?
The filed workers comp loss cost / rate for NCCI class code 3647 (Iron or Steel Works) in Maryland is $0.940 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 3647 on $500,000 of payroll?
At $0.940 per $100, $500,000 of payroll yields a base premium of $4,700 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3647?
UT has the cheapest filed rate for code 3647 ($0.530) and CA the highest ($5.36). Maryland sits at the 15th percentile across 20 peer states.