NCCI · 1 states

Workers comp rates for code 2686: Oil or Gas Lease Operations - Geophysical Exploration

NCCI class code 2686 covers Oil or Gas Lease Operations - Geophysical Exploration in the mining industry. The median rate across 1 states is $1.43 per $100 payroll. Rates range from $1.43 in Minnesota to $1.43 in Minnesota.

Also known as: Oil and gas exploration · Seismic surveying

Cheapest 5 states for code 2686

  1. Minnesota $1.43

Most expensive 5 states

  1. Minnesota $1.43

Code 2686 rates in all 1 states

State Code Rate per $100 vs peers Source
Minnesota 2686 $1.43 - view

Bottom quartile (cheap) Mid Top quartile (expensive)

FAQs about NCCI 2686

What occupation is NCCI class code 2686?

Class code 2686 is "Oil or Gas Lease Operations - Geophysical Exploration" (also known as Oil and gas exploration, Seismic surveying), in the mining industry. The code is filed in 1 states.

What is the average workers comp rate for code 2686?

The median rate across 1 states is $1.43 per $100 of payroll, ranging from $1.43 (Minnesota) to $1.43 (Minnesota).

Why does code 2686 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.