Carpentry, installation of wood interior trim workers comp rate in New Jersey
The filed workers comp rate for class code 5437 (Carpentry, installation of wood interior trim) in New Jersey is $9.61 per $100 of payroll , effective 2025-01-01. On $500,000 of payroll, that's roughly $48,050 in base premium.
Source quote
"5437 9.61"
From NCCI / state rating bureau, effective 2025-01-01.
FAQ
What is the workers comp rate for code 5437 in New Jersey?
The filed workers comp loss cost / rate for NCCI class code 5437 (Carpentry, installation of wood interior trim) in New Jersey is $9.61 per $100 of payroll, effective 2025-01-01.
How much would I pay in New Jersey for code 5437 on $500,000 of payroll?
At $9.61 per $100, $500,000 of payroll yields a base premium of $48,050 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 5437?
UT has the cheapest filed rate for code 5437 ($0.950) and NJ the highest ($9.61). New Jersey sits at the 100th percentile across 20 peer states.