Leather Goods Manufacturing workers comp rate in Utah
The filed workers comp rate for class code 4431 (Leather Goods Manufacturing) in Utah is $0.260 per $100 of payroll , effective 2025-02-01. On $500,000 of payroll, that's roughly $1,300 in base premium.
Rate per $100 $0.260
Rate type advisory_pure_premium
Authority National Council on Compensation
Effective 2025-02-01
vs peers 5%
Confidence HIGH
Source quote
"4431 0.26 0.45"
From National Council on Compensation, effective 2025-02-01.
FAQ
What is the workers comp rate for code 4431 in Utah?
The filed workers comp loss cost / rate for NCCI class code 4431 (Leather Goods Manufacturing) in Utah is $0.260 per $100 of payroll, effective 2025-02-01.
How much would I pay in Utah for code 4431 on $500,000 of payroll?
At $0.260 per $100, $500,000 of payroll yields a base premium of $1,300 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 4431?
UT has the cheapest filed rate for code 4431 ($0.260) and NY the highest ($2.81). Utah sits at the 5th percentile across 19 peer states.