Floor Covering Manufacturing workers comp rate in Maryland
The filed workers comp rate for class code 4683 (Floor Covering Manufacturing) in Maryland is $1.72 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $8,600 in base premium.
Rate per $100 $1.72
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 40%
Confidence HIGH
Source quote
"CLASS CODE 4683 LOSS COST 1.72"
From National Council on Compensation, effective 2024-01-01.
FAQ
What is the workers comp rate for code 4683 in Maryland?
The filed workers comp loss cost / rate for NCCI class code 4683 (Floor Covering Manufacturing) in Maryland is $1.72 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 4683 on $500,000 of payroll?
At $1.72 per $100, $500,000 of payroll yields a base premium of $8,600 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 4683?
UT has the cheapest filed rate for code 4683 ($0.670) and IL the highest ($4.58). Maryland sits at the 40th percentile across 20 peer states.