NCCI · 2 states

Workers comp rates for code 0162: Farming - Cotton

NCCI class code 0162 covers Farming - Cotton in the agriculture industry. The median rate across 2 states is $0.982 per $100 payroll. Rates range from $0.890 in Virginia to $0.982 in Pennsylvania.

Also known as: Cotton farm · Cotton grower

Cheapest 5 states for code 0162

  1. Virginia $0.890
  2. Pennsylvania $0.982

Most expensive 5 states

  1. Pennsylvania $0.982
  2. Virginia $0.890

Code 0162 rates in all 2 states

State Code Rate per $100 vs peers Source
Virginia 0162 $0.890 - view
Pennsylvania 0162 $0.982 - view

Bottom quartile (cheap) Mid Top quartile (expensive)

FAQs about NCCI 0162

What occupation is NCCI class code 0162?

Class code 0162 is "Farming - Cotton" (also known as Cotton farm, Cotton grower), in the agriculture industry. The code is filed in 2 states.

What is the average workers comp rate for code 0162?

The median rate across 2 states is $0.982 per $100 of payroll, ranging from $0.890 (Virginia) to $0.982 (Pennsylvania).

Why does code 0162 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.