Carpentry - Residential workers comp rate in Nevada
The filed workers comp rate for class code 5402 (Carpentry - Residential) in Nevada is $3.64 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $18,200 in base premium.
Rate per $100 $3.64
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 63%
Confidence HIGH
Source quote
"5402 3.51 3.64"
From National Council on Compensation, effective 2024-03-01.
FAQ
What is the workers comp rate for code 5402 in Nevada?
The filed workers comp loss cost / rate for NCCI class code 5402 (Carpentry - Residential) in Nevada is $3.64 per $100 of payroll, effective 2024-03-01.
How much would I pay in Nevada for code 5402 on $500,000 of payroll?
At $3.64 per $100, $500,000 of payroll yields a base premium of $18,200 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 5402?
UT has the cheapest filed rate for code 5402 ($1.48) and NJ the highest ($9.16). Nevada sits at the 63th percentile across 19 peer states.