Taxicab Service workers comp rate in New Jersey
The filed workers comp rate for class code 7403 (Taxicab Service) in New Jersey is $3.82 per $100 of payroll , effective 2025-01-01. On $500,000 of payroll, that's roughly $19,100 in base premium.
Rate per $100 $3.82
Rate type manual_rate
Authority NCCI / state rating bureau
Effective 2025-01-01
vs peers 86%
Confidence HIGH
FAQ
What is the workers comp rate for code 7403 in New Jersey?
The filed workers comp loss cost / rate for NCCI class code 7403 (Taxicab Service) in New Jersey is $3.82 per $100 of payroll, effective 2025-01-01.
How much would I pay in New Jersey for code 7403 on $500,000 of payroll?
At $3.82 per $100, $500,000 of payroll yields a base premium of $19,100 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7403?
KY has the cheapest filed rate for code 7403 ($0.900) and CA the highest ($5.97). New Jersey sits at the 86th percentile across 21 peer states.