Tool Manufacturing - NOC workers comp rate in Maryland
The filed workers comp rate for class code 3830 (Tool Manufacturing - NOC) in Maryland is $0.370 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $1,850 in base premium.
Rate per $100 $0.370
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 14%
Confidence HIGH
FAQ
What is the workers comp rate for code 3830 in Maryland?
The filed workers comp loss cost / rate for NCCI class code 3830 (Tool Manufacturing - NOC) in Maryland is $0.370 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 3830 on $500,000 of payroll?
At $0.370 per $100, $500,000 of payroll yields a base premium of $1,850 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3830?
UT has the cheapest filed rate for code 3830 ($0.230) and NJ the highest ($2.08). Maryland sits at the 14th percentile across 21 peer states.