Workers comp rates for code 0603: Code 0603
NCCI class code 0603 covers Code 0603. The median rate across 2 states is $3.06 per $100 payroll. Rates range from $2.09 in Washington to $3.06 in Pennsylvania.
Cheapest 5 states for code 0603
- Washington $2.09
- Pennsylvania $3.06
Most expensive 5 states
- Pennsylvania $3.06
- Washington $2.09
Code 0603 rates in all 2 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| Washington monopolistic | 0603 | $2.09 | - | view |
| Pennsylvania | 0603 | $3.06 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 0603
What occupation is NCCI class code 0603?
Class code 0603 is "Code 0603". The code is filed in 2 states.
What is the average workers comp rate for code 0603?
The median rate across 2 states is $3.06 per $100 of payroll, ranging from $2.09 (Washington) to $3.06 (Pennsylvania).
Why does code 0603 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.