NCCI · 5 states

Workers comp rates for code 4061: Peat Digging

NCCI class code 4061 covers Peat Digging in the mining industry. The median rate across 5 states is $1.50 per $100 payroll. Rates range from $0.550 in Arkansas to $6.89 in Minnesota.

Also known as: Peat Harvesting · Peat Extraction

Cheapest 5 states for code 4061

  1. Arkansas $0.550
  2. Louisiana $1.18
  3. Maryland $1.50
  4. New York $1.94
  5. Minnesota $6.89

Most expensive 5 states

  1. Minnesota $6.89
  2. New York $1.94
  3. Maryland $1.50
  4. Louisiana $1.18
  5. Arkansas $0.550

Code 4061 rates in all 5 states

State Code Rate per $100 vs peers Source
Arkansas 4061 $0.550 20% view
Louisiana 4061 $1.18 40% view
Maryland 4061 $1.50 60% view
New York 4061 $1.94 80% view
Minnesota 4061 $6.89 100% view

Bottom quartile (cheap) Mid Top quartile (expensive)

FAQs about NCCI 4061

What occupation is NCCI class code 4061?

Class code 4061 is "Peat Digging" (also known as Peat Harvesting, Peat Extraction), in the mining industry. The code is filed in 5 states.

What is the average workers comp rate for code 4061?

The median rate across 5 states is $1.50 per $100 of payroll, ranging from $0.550 (Arkansas) to $6.89 (Minnesota).

Why does code 4061 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.