Industrial Machinery Manufacturing - NOC workers comp rate in Tennessee
The filed workers comp rate for class code 3824 (Industrial Machinery Manufacturing - NOC) in Tennessee is $1.36 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $6,800 in base premium.
Source quote
"CLASS CODE 3824 LOSS COST 1.36"
From National Council on Compensation, effective 2024-03-01.
FAQ
What is the workers comp rate for code 3824 in Tennessee?
The filed workers comp loss cost / rate for NCCI class code 3824 (Industrial Machinery Manufacturing - NOC) in Tennessee is $1.36 per $100 of payroll, effective 2024-03-01.
How much would I pay in Tennessee for code 3824 on $500,000 of payroll?
At $1.36 per $100, $500,000 of payroll yields a base premium of $6,800 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3824?
UT has the cheapest filed rate for code 3824 ($0.780) and HI the highest ($3.92). Tennessee sits at the 20th percentile across 20 peer states.