Workers’ Comp Class Code 3030 Rate for 2021
Workers’ Comp Class Code 3030: Structural Iron or Steel Fabricators – Who Does it Apply To?
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NY Workers’ Comp class code 3030: Structural Iron or Steel Fabricators applies to insureds engaged in the fabricating or assembling of structural iron or steel. These structural iron or steel fabricators complete the work in a permanently located shop on products such as bars, I-beams, channels, angles, tees, plates and other large metal members of a structure. Insureds whose operations fall under NY Workers’ Comp class code 3030 marks, cut, saw, drill, punch, rivet, bolt, weld, and assemble the iron or steel pieces into finished structural products. These products are then used by others in the construction of buildings or bridges. Workers’ Comp class code 3030 does not apply to the actual construction of buildings or bridges.
Workers’ Comp class code 3030 is applied to insureds who manufacture iron or steel structural parts for subsequent use by others in the manufacturing of heavy machinery. Insureds who complete the manufacturing of heavy machinery using the parts are classed in separately rated code 3570. Similarly, risks engaged in the fabrication of nonstructural or ornamental iron or steel products are rated under class code 3040. NY Workers’ Comp class code 3041 applies to risks who fabricate decorative iron or steel products.
Workers’ Comp Class Code 3030 Rate for 2021
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