Workers comp rates for code 4923: Asbestos Abatement
NCCI class code 4923 covers Asbestos Abatement in the services industry. The median rate across 21 states is $0.650 per $100 payroll. Rates range from $0.210 in Utah to $1.66 in New Jersey.
Also known as: Asbestos Removal · Hazardous Material Remediation
Cheapest 5 states for code 4923
Most expensive 5 states
- New Jersey $1.66
- Illinois $1.28
- Hawaii $1.18
- Rhode Island $0.980
- Nevada $0.970
Code 4923 rates in all 21 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| Utah | 4923 | $0.210 | 5% | view |
| Kentucky | 4923 | $0.390 | 10% | view |
| Kansas | 4923 | $0.430 | 14% | view |
| Maryland | 4923 | $0.460 | 19% | view |
| Virginia | 4923 | $0.476 | 24% | view |
| Alabama | 4923 | $0.490 | 29% | view |
| Louisiana | 4923 | $0.540 | 33% | view |
| Oregon | 4923 | $0.570 | 43% | view |
| Tennessee | 4923 | $0.570 | 43% | view |
| Alaska | 4923 | $0.640 | 48% | view |
| Arkansas | 4923 | $0.650 | 57% | view |
| Indiana | 4923 | $0.650 | 57% | view |
| Minnesota | 4923 | $0.680 | 62% | view |
| Oklahoma | 4923 | $0.800 | 67% | view |
| New York | 4923 | $0.814 | 71% | view |
| Michigan | 4923 | $0.940 | 76% | view |
| Nevada | 4923 | $0.970 | 81% | view |
| Rhode Island | 4923 | $0.980 | 86% | view |
| Hawaii | 4923 | $1.18 | 90% | view |
| Illinois | 4923 | $1.28 | 95% | view |
| New Jersey | 4923 | $1.66 | 100% | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 4923
What occupation is NCCI class code 4923?
Class code 4923 is "Asbestos Abatement" (also known as Asbestos Removal, Hazardous Material Remediation), in the services industry. The code is filed in 21 states.
What is the average workers comp rate for code 4923?
The median rate across 21 states is $0.650 per $100 of payroll, ranging from $0.210 (Utah) to $1.66 (New Jersey).
Why does code 4923 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.