Class Code Rates for Workers Comp

Class Codes are a compilation of job definitions designed to accurately identify various workplace exposures. Each specific job classification is assigned a four-digit number. Each workers comp code has its own rate for the purpose of calculating premium on a policy. The resulting pure premium rate for the classification reflects the average anticipated cost of benefits, per every $100 of payroll, incurred by businesses within the particular industry.

  • Workers Comp rates are lower for office employees because their work related injuries are less frequent/severe.
  • Workers Comp rates are higher for companies that have a greater chance of physical injury (ie. construction, transportation, manufacturing, etc).

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