Workers comp rates for code 0040: Farm - Peanut Growing
NCCI class code 0040 covers Farm - Peanut Growing in the agriculture industry. The median rate across 1 states is $3.85 per $100 payroll. Rates range from $3.85 in California to $3.85 in California.
Also known as: Peanut farming
Cheapest 5 states for code 0040
- California $3.85
Most expensive 5 states
- California $3.85
Code 0040 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| California | 0040 | $3.85 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 0040
What occupation is NCCI class code 0040?
Class code 0040 is "Farm - Peanut Growing" (also known as Peanut farming), in the agriculture industry. The code is filed in 1 states.
What is the average workers comp rate for code 0040?
The median rate across 1 states is $3.85 per $100 of payroll, ranging from $3.85 (California) to $3.85 (California).
Why does code 0040 cost more in some states than others?
Workers comp rates reflect each state's loss experience for that occupation, the rating bureau's methodology (NCCI vs. independent), schedule rating credits, and the state's medical-cost inflation. Some states are monopolistic (only the state fund writes coverage) while others are open competitive markets.