Indiana · Indiana Compensation Rating

Battery Manufacturing workers comp rate in Indiana

The filed workers comp rate for class code 4693 (Battery Manufacturing) in Indiana is $0.480 per $100 of payroll , effective 2023-01-01. On $500,000 of payroll, that's roughly $2,400 in base premium.

Rate per $100 $0.480
Rate type manual_rate
Authority Indiana Compensation Rating
Effective 2023-01-01
vs peers 38%
Confidence HIGH

FAQ

What is the workers comp rate for code 4693 in Indiana?

The filed workers comp loss cost / rate for NCCI class code 4693 (Battery Manufacturing) in Indiana is $0.480 per $100 of payroll, effective 2023-01-01.

How much would I pay in Indiana for code 4693 on $500,000 of payroll?

At $0.480 per $100, $500,000 of payroll yields a base premium of $2,400 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.

Where else can I see code 4693?

UT has the cheapest filed rate for code 4693 ($0.200) and NY the highest ($1.66). Indiana sits at the 38th percentile across 21 peer states.