Workers comp rates for code 6203: Excavation - For Foundations
NCCI class code 6203 covers Excavation - For Foundations in the construction industry. The median rate across 1 states is $0.443 per $100 payroll. Rates range from $0.443 in Washington to $0.443 in Washington.
Also known as: Foundation Excavation · Footing Excavation
Cheapest 5 states for code 6203
- Washington $0.443
Most expensive 5 states
- Washington $0.443
Code 6203 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| Washington monopolistic | 6203 | $0.443 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 6203
What occupation is NCCI class code 6203?
Class code 6203 is "Excavation - For Foundations" (also known as Foundation Excavation, Footing Excavation), in the construction industry. The code is filed in 1 states.
What is the average workers comp rate for code 6203?
The median rate across 1 states is $0.443 per $100 of payroll, ranging from $0.443 (Washington) to $0.443 (Washington).
Why does code 6203 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.