New Jersey · NCCI / state rating bureau

Electrical Apparatus Manufacturing workers comp rate in New Jersey

The filed workers comp rate for class code 3648 (Electrical Apparatus Manufacturing) in New Jersey is $1.37 per $100 of payroll , effective 2025-01-01. On $500,000 of payroll, that's roughly $6,850 in base premium.

Rate per $100 $1.37
Rate type manual_rate
Authority NCCI / state rating bureau
Effective 2025-01-01
vs peers 86%
Confidence HIGH

FAQ

What is the workers comp rate for code 3648 in New Jersey?

The filed workers comp loss cost / rate for NCCI class code 3648 (Electrical Apparatus Manufacturing) in New Jersey is $1.37 per $100 of payroll, effective 2025-01-01.

How much would I pay in New Jersey for code 3648 on $500,000 of payroll?

At $1.37 per $100, $500,000 of payroll yields a base premium of $6,850 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). New Jersey sits at the 86th percentile across 21 peer states.