Workers' Comp Rates for Leather Goods Manufacturing (Class Code 2586)

Description

Covers workers manufacturing leather goods such as belts, wallets, handbags, and other leather accessories.

Common Businesses

Leather goods manufacturersHandbag factoriesBelt manufacturing companiesLeather accessory producers

Hazard Group

C

National Avg Rate

$3.21

per $100 payroll

Cheapest States

Most Expensive States

Rates by State for Class Code 2586

47 jurisdictions rate this code per $100 of payroll. North Dakota, Ohio, Washington and Wyoming are not included. Each is a monopolistic state fund that sets premium on its own basis rather than on an NCCI class-code rate per $100 of payroll, so there is no comparable figure to average or rank.

StateRate per $100vs. National AvgEffective
Indiana$2.34-0.872026-01-01
Texas$2.37-0.842026-07-01
Virginia$2.49-0.722026-04-01
Utah$2.55-0.662026-02-01
Arkansas$2.64-0.572026-07-01
Colorado$2.67-0.542026-01-01
Tennessee$2.73-0.482026-03-01
Arizona$2.76-0.452026-01-01
South Dakota$2.79-0.422026-07-01
Nebraska$2.82-0.392026-02-01
North Carolina$2.82-0.392026-04-01
Idaho$2.85-0.362026-01-01
Kansas$2.88-0.332026-01-01
Mississippi$2.91-0.302026-03-01
New Mexico$2.94-0.272026-01-01
South Carolina$2.97-0.242025-04-01
Kentucky$3.00-0.212026-01-01
Iowa$3.06-0.152026-01-01
Missouri$3.09-0.122026-01-01
Nevada$3.12-0.092026-03-01
Georgia$3.15-0.062026-03-01
Maryland$3.15-0.062026-01-01
Oregon$3.18-0.032026-01-01
West Virginia$3.21+0.002026-01-01
Alabama$3.24+0.032026-03-01
Minnesota$3.24+0.032026-01-01
New Hampshire$3.24+0.032026-01-01
Delaware$3.30+0.092025-12-01
Maine$3.30+0.092025-04-01
Wisconsin$3.30+0.092025-10-01
Michigan$3.36+0.152026-01-01
Vermont$3.36+0.152026-04-01
Rhode Island$3.42+0.212026-08-01
Florida$3.45+0.242026-01-01
Montana$3.45+0.242026-07-01
District of Columbia$3.54+0.332026-01-01
Massachusetts$3.54+0.332024-07-01
Oklahoma$3.54+0.332026-01-01
Illinois$3.60+0.392026-01-01
Connecticut$3.66+0.452026-01-01
Louisiana$3.75+0.542026-05-01
Hawaii$3.84+0.632026-01-01
Pennsylvania$3.84+0.632026-04-01
New Jersey$3.90+0.692026-01-01
California$4.05+0.842025-09-01
Alaska$4.26+1.052026-01-01
New York$4.35+1.142025-10-01

The rates above are manual rates — step 1 of the eight-step rating-bureau premium algorithm. See what your carrier applies after that, or estimate premium for code 2586 with your own payroll and experience mod.

Related Class Codes

3632

Machine Shop NOC

Hazard Group: D

3685

Machinist NOC

Hazard Group: D

3365

Welding or Cutting NOC

Hazard Group: E

3076

Printing - Offset or Digital

Hazard Group: D

2802

Carpentry - Shop Only

Hazard Group: D

Frequently Asked Questions

What is workers' comp class code 2586?
Class code 2586 (Leather Goods Manufacturing) is an NCCI workers' compensation classification in the Manufacturing industry group. Covers workers manufacturing leather goods such as belts, wallets, handbags, and other leather accessories. Hazard group: C.
How much is workers' comp insurance for class code 2586?
The national average rate for class code 2586 is $3.21 per $100 of payroll, across the 47 jurisdictions rated on that basis. Cheapest states: Indiana ($2.34), Texas ($2.37), Virginia ($2.49). Most expensive: New York ($4.35), Alaska ($4.26), California ($4.05). Actual premium depends on your state, payroll, experience modifier, and carrier. North Dakota, Ohio, Washington and Wyoming are not included. Each is a monopolistic state fund that sets premium on its own basis rather than on an NCCI class-code rate per $100 of payroll, so there is no comparable figure to average or rank.
What businesses use workers' comp class code 2586?
Class code 2586 typically applies to Leather goods manufacturers, Handbag factories, Belt manufacturing companies, Leather accessory producers.

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