Workers comp rates for code 5701: General Building Contractor
NCCI class code 5701 covers General Building Contractor in the construction industry. The median rate across 2 states is $14.12 per $100 payroll. Rates range from $11.98 in New Jersey to $14.12 in New York.
Also known as: Construction Management
Cheapest 5 states for code 5701
- New Jersey $11.98
- New York $14.12
Most expensive 5 states
- New York $14.12
- New Jersey $11.98
Code 5701 rates in all 2 states
FAQs about NCCI 5701
What occupation is NCCI class code 5701?
Class code 5701 is "General Building Contractor" (also known as Construction Management), in the construction industry. The code is filed in 2 states.
What is the average workers comp rate for code 5701?
The median rate across 2 states is $14.12 per $100 of payroll, ranging from $11.98 (New Jersey) to $14.12 (New York).
Why does code 5701 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.