Workers comp rates for code 5307: Iron & Steel Foundry
NCCI class code 5307 covers Iron & Steel Foundry in the manufacturing industry. The median rate across 1 states is $1.82 per $100 payroll. Rates range from $1.82 in Washington to $1.82 in Washington.
Also known as: Metal casting · Foundry operations
Cheapest 5 states for code 5307
- Washington $1.82
Most expensive 5 states
- Washington $1.82
Code 5307 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| Washington monopolistic | 5307 | $1.82 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 5307
What occupation is NCCI class code 5307?
Class code 5307 is "Iron & Steel Foundry" (also known as Metal casting, Foundry operations), in the manufacturing industry. The code is filed in 1 states.
What is the average workers comp rate for code 5307?
The median rate across 1 states is $1.82 per $100 of payroll, ranging from $1.82 (Washington) to $1.82 (Washington).
Why does code 5307 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.