Electrical Instrument Manufacturing workers comp rate in Tennessee
The filed workers comp rate for class code 3685 (Electrical Instrument Manufacturing) in Tennessee is $0.300 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $1,500 in base premium.
Source quote
"CLASS CODE 3685 LOSS COST 0.30"
From National Council on Compensation, effective 2024-03-01.
FAQ
What is the workers comp rate for code 3685 in Tennessee?
The filed workers comp loss cost / rate for NCCI class code 3685 (Electrical Instrument Manufacturing) in Tennessee is $0.300 per $100 of payroll, effective 2024-03-01.
How much would I pay in Tennessee for code 3685 on $500,000 of payroll?
At $0.300 per $100, $500,000 of payroll yields a base premium of $1,500 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3685?
UT has the cheapest filed rate for code 3685 ($0.160) and NJ the highest ($1.29). Tennessee sits at the 14th percentile across 21 peer states.