Workers comp rates for code 0402: Fur Bearing Animal Farm
NCCI class code 0402 covers Fur Bearing Animal Farm in the agriculture industry. The median rate across 1 states is $1.37 per $100 payroll. Rates range from $1.37 in Pennsylvania to $1.37 in Pennsylvania.
Also known as: Mink Farm · Fox Farm
Cheapest 5 states for code 0402
- Pennsylvania $1.37
Most expensive 5 states
- Pennsylvania $1.37
Code 0402 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| Pennsylvania | 0402 | $1.37 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 0402
What occupation is NCCI class code 0402?
Class code 0402 is "Fur Bearing Animal Farm" (also known as Mink Farm, Fox Farm), in the agriculture industry. The code is filed in 1 states.
What is the average workers comp rate for code 0402?
The median rate across 1 states is $1.37 per $100 of payroll, ranging from $1.37 (Pennsylvania) to $1.37 (Pennsylvania).
Why does code 0402 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.