Electrical Apparatus Manufacturing workers comp rate in Maryland
The filed workers comp rate for class code 3648 (Electrical Apparatus Manufacturing) in Maryland is $0.540 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $2,700 in base premium.
Rate per $100 $0.540
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 29%
Confidence HIGH
FAQ
What is the workers comp rate for code 3648 in Maryland?
The filed workers comp loss cost / rate for NCCI class code 3648 (Electrical Apparatus Manufacturing) in Maryland is $0.540 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 3648 on $500,000 of payroll?
At $0.540 per $100, $500,000 of payroll yields a base premium of $2,700 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3648?
UT has the cheapest filed rate for code 3648 ($0.240) and NY the highest ($1.77). Maryland sits at the 29th percentile across 21 peer states.