Millwright, installation/erection of machinery workers comp rate in Oklahoma
The filed workers comp rate for class code 3724 (Millwright, installation/erection of machinery) in Oklahoma is $1.78 per $100 of payroll , effective 2024-06-01. On $500,000 of payroll, that's roughly $8,900 in base premium.
Rate per $100 $1.78
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-06-01
vs peers 36%
Confidence HIGH
FAQ
What is the workers comp rate for code 3724 in Oklahoma?
The filed workers comp loss cost / rate for NCCI class code 3724 (Millwright, installation/erection of machinery) in Oklahoma is $1.78 per $100 of payroll, effective 2024-06-01.
How much would I pay in Oklahoma for code 3724 on $500,000 of payroll?
At $1.78 per $100, $500,000 of payroll yields a base premium of $8,900 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). Oklahoma sits at the 36th percentile across 22 peer states.