Workers comp rates for code 4712: Electric Lamp Manufacturing
NCCI class code 4712 covers Electric Lamp Manufacturing in the manufacturing industry. The median rate across 3 states is $2.52 per $100 payroll. Rates range from $1.01 in Michigan to $2.61 in New Jersey.
Also known as: Light Bulb Manufacturing
Cheapest 5 states for code 4712
- Michigan $1.01
- New York $2.52
- New Jersey $2.61
Most expensive 5 states
- New Jersey $2.61
- New York $2.52
- Michigan $1.01
Code 4712 rates in all 3 states
FAQs about NCCI 4712
What occupation is NCCI class code 4712?
Class code 4712 is "Electric Lamp Manufacturing" (also known as Light Bulb Manufacturing), in the manufacturing industry. The code is filed in 3 states.
What is the average workers comp rate for code 4712?
The median rate across 3 states is $2.52 per $100 of payroll, ranging from $1.01 (Michigan) to $2.61 (New Jersey).
Why does code 4712 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.