Draftsmen workers comp rate in Tennessee
The filed workers comp rate for class code 8606 (Draftsmen) in Tennessee is $0.500 per $100 of payroll , effective 2024-03-01. On $500,000 of payroll, that's roughly $2,500 in base premium.
Rate per $100 $0.500
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-03-01
vs peers 16%
Confidence HIGH
Source quote
"CLASS CODE 8606 LOSS COST 0.50"
From National Council on Compensation, effective 2024-03-01.
FAQ
What is the workers comp rate for code 8606 in Tennessee?
The filed workers comp loss cost / rate for NCCI class code 8606 (Draftsmen) in Tennessee is $0.500 per $100 of payroll, effective 2024-03-01.
How much would I pay in Tennessee for code 8606 on $500,000 of payroll?
At $0.500 per $100, $500,000 of payroll yields a base premium of $2,500 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8606?
UT has the cheapest filed rate for code 8606 ($0.290) and NJ the highest ($2.50). Tennessee sits at the 16th percentile across 19 peer states.