NCCI · 2 states

Workers comp rates for code 0487: Farm, Sheep Raising

NCCI class code 0487 covers Farm, Sheep Raising in the agriculture industry. The median rate across 2 states is $7076.00 per $100 payroll. Rates range from $0.516 in Pennsylvania to $7076.00 in Virginia.

Also known as: Sheep farmer · Shepherd

Cheapest 5 states for code 0487

  1. Pennsylvania $0.516
  2. Virginia $7076.00

Most expensive 5 states

  1. Virginia $7076.00
  2. Pennsylvania $0.516

Code 0487 rates in all 2 states

State Code Rate per $100 vs peers Source
Pennsylvania 0487 $0.516 - view
Virginia 0487 $7076.00 - view

Bottom quartile (cheap) Mid Top quartile (expensive)

FAQs about NCCI 0487

What occupation is NCCI class code 0487?

Class code 0487 is "Farm, Sheep Raising" (also known as Sheep farmer, Shepherd), in the agriculture industry. The code is filed in 2 states.

What is the average workers comp rate for code 0487?

The median rate across 2 states is $7076.00 per $100 of payroll, ranging from $0.516 (Pennsylvania) to $7076.00 (Virginia).

Why does code 0487 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.