Workers comp rates for code 1401: Oil/Gas Production
NCCI class code 1401 covers Oil/Gas Production in the mining industry. The median rate across 1 states is $0.990 per $100 payroll. Rates range from $0.990 in Washington to $0.990 in Washington.
Also known as: Oil Production · Gas Production
Cheapest 5 states for code 1401
- Washington $0.990
Most expensive 5 states
- Washington $0.990
Code 1401 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| Washington monopolistic | 1401 | $0.990 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 1401
What occupation is NCCI class code 1401?
Class code 1401 is "Oil/Gas Production" (also known as Oil Production, Gas Production), in the mining industry. The code is filed in 1 states.
What is the average workers comp rate for code 1401?
The median rate across 1 states is $0.990 per $100 of payroll, ranging from $0.990 (Washington) to $0.990 (Washington).
Why does code 1401 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.