Carpentry workers comp rate in Louisiana
The filed workers comp rate for class code 5403 (Carpentry) in Louisiana is $3.32 per $100 of payroll , effective 2024-05-01. On $500,000 of payroll, that's roughly $16,600 in base premium.
Rate per $100 $3.32
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-05-01
vs peers 64%
Confidence HIGH
Source quote
"CLASS CODE 5403 LOSS COST 3.32"
From National Council on Compensation, effective 2024-05-01.
FAQ
What is the workers comp rate for code 5403 in Louisiana?
The filed workers comp loss cost / rate for NCCI class code 5403 (Carpentry) in Louisiana is $3.32 per $100 of payroll, effective 2024-05-01.
How much would I pay in Louisiana for code 5403 on $500,000 of payroll?
At $3.32 per $100, $500,000 of payroll yields a base premium of $16,600 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 5403?
UT has the cheapest filed rate for code 5403 ($1.07) and NJ the highest ($16.11). Louisiana sits at the 64th percentile across 22 peer states.