Indiana · Indiana Compensation Rating

Type Manufacturing workers comp rate in Indiana

The filed workers comp rate for class code 4304 (Type Manufacturing) in Indiana is $2.83 per $100 of payroll , effective 2023-01-01. On $500,000 of payroll, that's roughly $14,150 in base premium.

Rate per $100 $2.83
Rate type manual_rate
Authority Indiana Compensation Rating
Effective 2023-01-01
vs peers 64%
Confidence HIGH

FAQ

What is the workers comp rate for code 4304 in Indiana?

The filed workers comp loss cost / rate for NCCI class code 4304 (Type Manufacturing) in Indiana is $2.83 per $100 of payroll, effective 2023-01-01.

How much would I pay in Indiana for code 4304 on $500,000 of payroll?

At $2.83 per $100, $500,000 of payroll yields a base premium of $14,150 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). Indiana sits at the 64th percentile across 22 peer states.