Workers comp rates for code 0550: Hog Farming
NCCI class code 0550 covers Hog Farming in the agriculture industry. The median rate across 2 states is $8380.00 per $100 payroll. Rates range from $0.090 in Washington to $8380.00 in Virginia.
Also known as: Pig Farm · Swine Production
Cheapest 5 states for code 0550
- Washington $0.090
- Virginia $8380.00
Most expensive 5 states
- Virginia $8380.00
- Washington $0.090
Code 0550 rates in all 2 states
FAQs about NCCI 0550
What occupation is NCCI class code 0550?
Class code 0550 is "Hog Farming" (also known as Pig Farm, Swine Production), in the agriculture industry. The code is filed in 2 states.
What is the average workers comp rate for code 0550?
The median rate across 2 states is $8380.00 per $100 of payroll, ranging from $0.090 (Washington) to $8380.00 (Virginia).
Why does code 0550 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.