Workers comp rates for code 6701: Railroad Construction - new work
NCCI class code 6701 covers Railroad Construction - new work in the construction industry. The median rate across 1 states is $13.40 per $100 payroll. Rates range from $13.40 in New York to $13.40 in New York.
Also known as: Track laying · Railway construction
Cheapest 5 states for code 6701
- New York $13.40
Most expensive 5 states
- New York $13.40
Code 6701 rates in all 1 states
FAQs about NCCI 6701
What occupation is NCCI class code 6701?
Class code 6701 is "Railroad Construction - new work" (also known as Track laying, Railway construction), in the construction industry. The code is filed in 1 states.
What is the average workers comp rate for code 6701?
The median rate across 1 states is $13.40 per $100 of payroll, ranging from $13.40 (New York) to $13.40 (New York).
Why does code 6701 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.