Virginia · National Council on Compensation

Millwright, installation/erection of machinery workers comp rate in Virginia

The filed workers comp rate for class code 3724 (Millwright, installation/erection of machinery) in Virginia is $1.34 per $100 of payroll , effective 2026-04-01. On $500,000 of payroll, that's roughly $6,720 in base premium.

Rate per $100 $1.34
Rate type loss_cost
Authority National Council on Compensation
Effective 2026-04-01
vs peers 18%
Confidence HIGH

FAQ

What is the workers comp rate for code 3724 in Virginia?

The filed workers comp loss cost / rate for NCCI class code 3724 (Millwright, installation/erection of machinery) in Virginia is $1.34 per $100 of payroll, effective 2026-04-01.

How much would I pay in Virginia for code 3724 on $500,000 of payroll?

At $1.34 per $100, $500,000 of payroll yields a base premium of $6,720 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). Virginia sits at the 18th percentile across 22 peer states.