Workers comp rates for code 4627: Oil and Gas Refining
NCCI class code 4627 covers Oil and Gas Refining in the manufacturing industry. The median rate across 1 states is $4.29 per $100 payroll. Rates range from $4.29 in New Jersey to $4.29 in New Jersey.
Also known as: Petroleum Refining
Cheapest 5 states for code 4627
- New Jersey $4.29
Most expensive 5 states
- New Jersey $4.29
Code 4627 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| New Jersey | 4627 | $4.29 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 4627
What occupation is NCCI class code 4627?
Class code 4627 is "Oil and Gas Refining" (also known as Petroleum Refining), in the manufacturing industry. The code is filed in 1 states.
What is the average workers comp rate for code 4627?
The median rate across 1 states is $4.29 per $100 of payroll, ranging from $4.29 (New Jersey) to $4.29 (New Jersey).
Why does code 4627 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.