Workers comp rates for code 6874: Ship Scrapping
NCCI class code 6874 covers Ship Scrapping in the services industry. The median rate across 26 states is $5.79 per $100 payroll. Rates range from $1.83 in Utah to $24.73 in New York.
Also known as: Vessel Dismantling · Ship Breaking Yard
Code 6874 rates in all 26 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| Utah | 6874 F | $1.83 | 5% | view |
| Kansas | 6874 F | $1.94 | 10% | view |
| Hawaii | 6874 F | $3.14 | 20% | view |
| Maryland | 6874 F | $3.14 | 20% | view |
| Kentucky | 6874 F | $4.41 | 25% | view |
| Nevada | 6874 F | $4.47 | 30% | view |
| Virginia | 6874 F | $4.72 | 35% | view |
| Tennessee | 6874 F | $4.81 | 40% | view |
| Oregon | 6874 F | $5.03 | 45% | view |
| Alaska | 6874 | $5.09 | 17% | view |
| Alaska | 6874 F | $5.09 | 50% | view |
| Maryland | 6874 | $5.45 | 33% | view |
| Illinois | 6874 F | $5.77 | 55% | view |
| Louisiana | 6874 F | $5.79 | 60% | view |
| Rhode Island | 6874 F | $6.04 | 65% | view |
| Alabama | 6874 F | $6.68 | 70% | view |
| Virginia | 6874 | $7.33 | 50% | view |
| Oklahoma | 6874 | $8.43 | 67% | view |
| Oklahoma | 6874 F | $8.43 | 75% | view |
| New Jersey | 6874 F | $8.56 | 80% | view |
| Arkansas | 6874 F | $9.22 | 85% | view |
| Michigan | 6874 F | $9.25 | 90% | view |
| Nevada | 6874 | $10.14 | 83% | view |
| Indiana | 6874 F | $10.46 | 95% | view |
| Minnesota | 6874 F | $14.51 | 100% | view |
| New York | 6874 | $24.73 | 100% | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 6874
What occupation is NCCI class code 6874?
Class code 6874 is "Ship Scrapping" (also known as Vessel Dismantling, Ship Breaking Yard), in the services industry. The code is filed in 26 states.
What is the average workers comp rate for code 6874?
The median rate across 26 states is $5.79 per $100 of payroll, ranging from $1.83 (Utah) to $24.73 (New York).
Why does code 6874 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.