Workers comp rates for code 4628: Oil and Gas Refining
NCCI class code 4628 covers Oil and Gas Refining in the manufacturing industry. The median rate across 2 states is $1.57 per $100 payroll. Rates range from $0.985 in New York to $1.57 in New Jersey.
Also known as: Petroleum Refining
Cheapest 5 states for code 4628
- New York $0.985
- New Jersey $1.57
Most expensive 5 states
- New Jersey $1.57
- New York $0.985
Code 4628 rates in all 2 states
FAQs about NCCI 4628
What occupation is NCCI class code 4628?
Class code 4628 is "Oil and Gas Refining" (also known as Petroleum Refining), in the manufacturing industry. The code is filed in 2 states.
What is the average workers comp rate for code 4628?
The median rate across 2 states is $1.57 per $100 of payroll, ranging from $0.985 (New York) to $1.57 (New Jersey).
Why does code 4628 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.