Millwright, installation/erection of machinery workers comp rate in Alabama
The filed workers comp rate for class code 3724 (Millwright, installation/erection of machinery) in Alabama is $2.02 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $10,100 in base premium.
Rate per $100 $2.02
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 50%
Confidence HIGH
FAQ
What is the workers comp rate for code 3724 in Alabama?
The filed workers comp loss cost / rate for NCCI class code 3724 (Millwright, installation/erection of machinery) in Alabama is $2.02 per $100 of payroll, effective 2024-03-01.
How much would I pay in Alabama for code 3724 on $500,000 of payroll?
At $2.02 per $100, $500,000 of payroll yields a base premium of $10,100 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3724?
UT has the cheapest filed rate for code 3724 ($0.590) and NJ the highest ($5.87). Alabama sits at the 50th percentile across 22 peer states.