Workers comp rates for code 0340: Florist Farming
NCCI class code 0340 covers Florist Farming in the agriculture industry. The median rate across 1 states is $8835.00 per $100 payroll. Rates range from $8835.00 in Virginia to $8835.00 in Virginia.
Also known as: Flower farm · Cut flower production
Cheapest 5 states for code 0340
- Virginia $8835.00
Most expensive 5 states
- Virginia $8835.00
Code 0340 rates in all 1 states
FAQs about NCCI 0340
What occupation is NCCI class code 0340?
Class code 0340 is "Florist Farming" (also known as Flower farm, Cut flower production), in the agriculture industry. The code is filed in 1 states.
What is the average workers comp rate for code 0340?
The median rate across 1 states is $8835.00 per $100 of payroll, ranging from $8835.00 (Virginia) to $8835.00 (Virginia).
Why does code 0340 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.