Workers comp rates for code 7196: Taxicab Company
NCCI class code 7196 covers Taxicab Company in the transportation industry. The median rate across 1 states is $8.39 per $100 payroll. Rates range from $8.39 in New Jersey to $8.39 in New Jersey.
Also known as: Taxi Service · Cab Company
Cheapest 5 states for code 7196
- New Jersey $8.39
Most expensive 5 states
- New Jersey $8.39
Code 7196 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| New Jersey | 7196 | $8.39 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 7196
What occupation is NCCI class code 7196?
Class code 7196 is "Taxicab Company" (also known as Taxi Service, Cab Company), in the transportation industry. The code is filed in 1 states.
What is the average workers comp rate for code 7196?
The median rate across 1 states is $8.39 per $100 of payroll, ranging from $8.39 (New Jersey) to $8.39 (New Jersey).
Why does code 7196 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.