Millwright, installation/erection of machinery workers comp rate in Louisiana
The filed workers comp rate for class code 3724 (Millwright, installation/erection of machinery) in Louisiana is $1.95 per $100 of payroll , effective 2024-05-01. On $500,000 of payroll, that's roughly $9,750 in base premium.
Rate per $100 $1.95
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-05-01
vs peers 41%
Confidence HIGH
FAQ
What is the workers comp rate for code 3724 in Louisiana?
The filed workers comp loss cost / rate for NCCI class code 3724 (Millwright, installation/erection of machinery) in Louisiana is $1.95 per $100 of payroll, effective 2024-05-01.
How much would I pay in Louisiana for code 3724 on $500,000 of payroll?
At $1.95 per $100, $500,000 of payroll yields a base premium of $9,750 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). Louisiana sits at the 41th percentile across 22 peer states.