Iron or Steel Works workers comp rate in Tennessee
The filed workers comp rate for class code 3647 (Iron or Steel Works) in Tennessee is $1.13 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $5,650 in base premium.
Rate per $100 $1.13
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 40%
Confidence HIGH
FAQ
What is the workers comp rate for code 3647 in Tennessee?
The filed workers comp loss cost / rate for NCCI class code 3647 (Iron or Steel Works) in Tennessee is $1.13 per $100 of payroll, effective 2024-03-01.
How much would I pay in Tennessee for code 3647 on $500,000 of payroll?
At $1.13 per $100, $500,000 of payroll yields a base premium of $5,650 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). Tennessee sits at the 40th percentile across 20 peer states.