Workers comp rates for code 7120: Railroad Operation - Signal Systems
NCCI class code 7120 covers Railroad Operation - Signal Systems in the transportation industry. The median rate across 1 states is $14.68 per $100 payroll. Rates range from $14.68 in Washington to $14.68 in Washington.
Also known as: Railway Signal Installation · Train Signal Maintenance
Cheapest 5 states for code 7120
- Washington $14.68
Most expensive 5 states
- Washington $14.68
Code 7120 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| Washington monopolistic | 7120 | $14.68 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 7120
What occupation is NCCI class code 7120?
Class code 7120 is "Railroad Operation - Signal Systems" (also known as Railway Signal Installation, Train Signal Maintenance), in the transportation industry. The code is filed in 1 states.
What is the average workers comp rate for code 7120?
The median rate across 1 states is $14.68 per $100 of payroll, ranging from $14.68 (Washington) to $14.68 (Washington).
Why does code 7120 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.