Workers comp rates for code 0506: Iron or Steel Erection - Structural
NCCI class code 0506 covers Iron or Steel Erection - Structural in the construction industry. The median rate across 1 states is $0.875 per $100 payroll. Rates range from $0.875 in Pennsylvania to $0.875 in Pennsylvania.
Also known as: Structural steel erector · Ironworker
Cheapest 5 states for code 0506
- Pennsylvania $0.875
Most expensive 5 states
- Pennsylvania $0.875
Code 0506 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| Pennsylvania | 0506 | $0.875 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 0506
What occupation is NCCI class code 0506?
Class code 0506 is "Iron or Steel Erection - Structural" (also known as Structural steel erector, Ironworker), in the construction industry. The code is filed in 1 states.
What is the average workers comp rate for code 0506?
The median rate across 1 states is $0.875 per $100 of payroll, ranging from $0.875 (Pennsylvania) to $0.875 (Pennsylvania).
Why does code 0506 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.