Workers comp rates for code 0488: Farm, Cattle Raising
NCCI class code 0488 covers Farm, Cattle Raising in the agriculture industry. The median rate across 1 states is $0.336 per $100 payroll. Rates range from $0.336 in Pennsylvania to $0.336 in Pennsylvania.
Also known as: Cattle farmer · Cattle rancher
Cheapest 5 states for code 0488
- Pennsylvania $0.336
Most expensive 5 states
- Pennsylvania $0.336
Code 0488 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| Pennsylvania | 0488 | $0.336 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 0488
What occupation is NCCI class code 0488?
Class code 0488 is "Farm, Cattle Raising" (also known as Cattle farmer, Cattle rancher), in the agriculture industry. The code is filed in 1 states.
What is the average workers comp rate for code 0488?
The median rate across 1 states is $0.336 per $100 of payroll, ranging from $0.336 (Pennsylvania) to $0.336 (Pennsylvania).
Why does code 0488 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.