Workers comp rates for code 6407: Marine Construction - N.O.C.
NCCI class code 6407 covers Marine Construction - N.O.C. in the construction industry. The median rate across 1 states is $0.885 per $100 payroll. Rates range from $0.885 in Washington to $0.885 in Washington.
Also known as: Underwater Construction · Dock Builder
Cheapest 5 states for code 6407
- Washington $0.885
Most expensive 5 states
- Washington $0.885
Code 6407 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| Washington monopolistic | 6407 | $0.885 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 6407
What occupation is NCCI class code 6407?
Class code 6407 is "Marine Construction - N.O.C." (also known as Underwater Construction, Dock Builder), in the construction industry. The code is filed in 1 states.
What is the average workers comp rate for code 6407?
The median rate across 1 states is $0.885 per $100 of payroll, ranging from $0.885 (Washington) to $0.885 (Washington).
Why does code 6407 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.