Type Manufacturing workers comp rate in Alabama
The filed workers comp rate for class code 4304 (Type Manufacturing) in Alabama is $2.55 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $12,750 in base premium.
Rate per $100 $2.55
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 59%
Confidence HIGH
FAQ
What is the workers comp rate for code 4304 in Alabama?
The filed workers comp loss cost / rate for NCCI class code 4304 (Type Manufacturing) in Alabama is $2.55 per $100 of payroll, effective 2024-03-01.
How much would I pay in Alabama for code 4304 on $500,000 of payroll?
At $2.55 per $100, $500,000 of payroll yields a base premium of $12,750 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 4304?
UT has the cheapest filed rate for code 4304 ($0.900) and NY the highest ($8.37). Alabama sits at the 59th percentile across 22 peer states.