Workers comp rates for code 5003: Concrete Construction
NCCI class code 5003 covers Concrete Construction in the construction industry. The median rate across 1 states is $6.39 per $100 payroll. Rates range from $6.39 in Washington to $6.39 in Washington.
Also known as: Concrete contractor · Cement work
Cheapest 5 states for code 5003
- Washington $6.39
Most expensive 5 states
- Washington $6.39
Code 5003 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| Washington monopolistic | 5003 | $6.39 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 5003
What occupation is NCCI class code 5003?
Class code 5003 is "Concrete Construction" (also known as Concrete contractor, Cement work), in the construction industry. The code is filed in 1 states.
What is the average workers comp rate for code 5003?
The median rate across 1 states is $6.39 per $100 of payroll, ranging from $6.39 (Washington) to $6.39 (Washington).
Why does code 5003 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.