Workers comp rates for code 6260: Oil/Gas Well Drilling
NCCI class code 6260 covers Oil/Gas Well Drilling in the construction industry. The median rate across 1 states is $53.88 per $100 payroll. Rates range from $53.88 in Minnesota to $53.88 in Minnesota.
Also known as: Petroleum Drilling · Natural Gas Drilling
Cheapest 5 states for code 6260
- Minnesota $53.88
Most expensive 5 states
- Minnesota $53.88
Code 6260 rates in all 1 states
FAQs about NCCI 6260
What occupation is NCCI class code 6260?
Class code 6260 is "Oil/Gas Well Drilling" (also known as Petroleum Drilling, Natural Gas Drilling), in the construction industry. The code is filed in 1 states.
What is the average workers comp rate for code 6260?
The median rate across 1 states is $53.88 per $100 of payroll, ranging from $53.88 (Minnesota) to $53.88 (Minnesota).
Why does code 6260 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.