NCCI · 19 states

Workers comp rates for code 4431: Leather Goods Manufacturing

NCCI class code 4431 covers Leather Goods Manufacturing in the manufacturing industry. The median rate across 19 states is $0.690 per $100 payroll. Rates range from $0.260 in Utah to $2.81 in New York.

Also known as: Luggage manufacturing · Handbag manufacturing

Cheapest 5 states for code 4431

  1. Utah $0.260
  2. Virginia $0.420
  3. Kansas $0.470
  4. Oregon $0.490
  5. Kentucky $0.500

Most expensive 5 states

  1. New York $2.81
  2. New Jersey $2.22
  3. Hawaii $1.55
  4. Illinois $1.09
  5. Nevada $0.870

Code 4431 rates in all 19 states

State Code Rate per $100 vs peers Source
Utah 4431 $0.260 5% view
Virginia 4431 $0.420 11% view
Kansas 4431 $0.470 16% view
Oregon 4431 $0.490 21% view
Kentucky 4431 $0.500 26% view
Tennessee 4431 $0.530 32% view
Alabama 4431 $0.600 37% view
Maryland 4431 $0.610 42% view
Oklahoma 4431 $0.670 47% view
Louisiana 4431 $0.690 53% view
Arkansas 4431 $0.760 58% view
Alaska 4431 $0.810 63% view
Rhode Island 4431 $0.830 68% view
Indiana 4431 $0.860 74% view
Nevada 4431 $0.870 79% view
Illinois 4431 $1.09 84% view
Hawaii 4431 $1.55 89% view
New Jersey 4431 $2.22 95% view
New York 4431 $2.81 100% view

Bottom quartile (cheap) Mid Top quartile (expensive)

FAQs about NCCI 4431

What occupation is NCCI class code 4431?

Class code 4431 is "Leather Goods Manufacturing" (also known as Luggage manufacturing, Handbag manufacturing), in the manufacturing industry. The code is filed in 19 states.

What is the average workers comp rate for code 4431?

The median rate across 19 states is $0.690 per $100 of payroll, ranging from $0.260 (Utah) to $2.81 (New York).

Why does code 4431 cost more in some states than others?

Workers comp rates reflect each state's loss experience for that occupation, the rating bureau's methodology (NCCI vs. independent), schedule rating credits, and the state's medical-cost inflation. Some states are monopolistic (only the state fund writes coverage) while others are open competitive markets.