Workers comp rates for code 6248: Railroad Construction
NCCI class code 6248 covers Railroad Construction in the construction industry. The median rate across 1 states is $4.47 per $100 payroll. Rates range from $4.47 in Minnesota to $4.47 in Minnesota.
Also known as: Railway Track Laying · Railroad Contractor
Cheapest 5 states for code 6248
- Minnesota $4.47
Most expensive 5 states
- Minnesota $4.47
Code 6248 rates in all 1 states
FAQs about NCCI 6248
What occupation is NCCI class code 6248?
Class code 6248 is "Railroad Construction" (also known as Railway Track Laying, Railroad Contractor), in the construction industry. The code is filed in 1 states.
What is the average workers comp rate for code 6248?
The median rate across 1 states is $4.47 per $100 of payroll, ranging from $4.47 (Minnesota) to $4.47 (Minnesota).
Why does code 6248 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.