Millwright, installation/erection of machinery workers comp rate in Indiana
The filed workers comp rate for class code 3724 (Millwright, installation/erection of machinery) in Indiana is $2.04 per $100 of payroll , effective 2023-01-01. On $500,000 of payroll, that's roughly $10,200 in base premium.
Rate per $100 $2.04
Rate type manual_rate
Authority Indiana Compensation Rating
Effective 2023-01-01
vs peers 59%
Confidence HIGH
FAQ
What is the workers comp rate for code 3724 in Indiana?
The filed workers comp loss cost / rate for NCCI class code 3724 (Millwright, installation/erection of machinery) in Indiana is $2.04 per $100 of payroll, effective 2023-01-01.
How much would I pay in Indiana for code 3724 on $500,000 of payroll?
At $2.04 per $100, $500,000 of payroll yields a base premium of $10,200 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). Indiana sits at the 59th percentile across 22 peer states.