Workers comp rates for code 5432: Steel Framing - Erection
NCCI class code 5432 covers Steel Framing - Erection in the construction industry. The median rate across 1 states is $5.54 per $100 payroll. Rates range from $5.54 in California to $5.54 in California.
Also known as: Steel erector · Structural steel work
Cheapest 5 states for code 5432
- California $5.54
Most expensive 5 states
- California $5.54
Code 5432 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| California | 5432 | $5.54 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 5432
What occupation is NCCI class code 5432?
Class code 5432 is "Steel Framing - Erection" (also known as Steel erector, Structural steel work), in the construction industry. The code is filed in 1 states.
What is the average workers comp rate for code 5432?
The median rate across 1 states is $5.54 per $100 of payroll, ranging from $5.54 (California) to $5.54 (California).
Why does code 5432 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.