Iron & Steel Erection workers comp rate in California
The filed workers comp rate for class code 5040 (Iron & Steel Erection) in California is $10.72 per $100 of payroll , effective 2025-09-01. On $500,000 of payroll, that's roughly $53,600 in base premium.
Rate per $100 $10.72
Rate type advisory_pure_premium
Authority NCCI / state rating bureau
Effective 2025-09-01
vs peers 91%
Confidence HIGH
FAQ
What is the workers comp rate for code 5040 in California?
The filed workers comp loss cost / rate for NCCI class code 5040 (Iron & Steel Erection) in California is $10.72 per $100 of payroll, effective 2025-09-01.
How much would I pay in California for code 5040 on $500,000 of payroll?
At $10.72 per $100, $500,000 of payroll yields a base premium of $53,600 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 5040?
UT has the cheapest filed rate for code 5040 ($0.930) and IL the highest ($12.83). California sits at the 91th percentile across 22 peer states.