Workers comp rates for code 6409: Shaft Sinking
NCCI class code 6409 covers Shaft Sinking in the construction industry. The median rate across 1 states is $1.85 per $100 payroll. Rates range from $1.85 in Washington to $1.85 in Washington.
Also known as: Mine Shaft Construction · Vertical Shaft Excavation
Cheapest 5 states for code 6409
- Washington $1.85
Most expensive 5 states
- Washington $1.85
Code 6409 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| Washington monopolistic | 6409 | $1.85 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 6409
What occupation is NCCI class code 6409?
Class code 6409 is "Shaft Sinking" (also known as Mine Shaft Construction, Vertical Shaft Excavation), in the construction industry. The code is filed in 1 states.
What is the average workers comp rate for code 6409?
The median rate across 1 states is $1.85 per $100 of payroll, ranging from $1.85 (Washington) to $1.85 (Washington).
Why does code 6409 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.