Workers comp rates for code 7405: Livery Service
NCCI class code 7405 covers Livery Service in the transportation industry. The median rate across 37 states is $0.600 per $100 payroll. Rates range from $0.140 in Tennessee to $1.58 in California.
Also known as: Limousine Service · Private Car Service
Cheapest 5 states for code 7405
Most expensive 5 states
- California $1.58
- New Jersey $1.52
- Hawaii $1.49
- Nevada $1.38
- Illinois $1.33
Code 7405 rates in all 37 states
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 7405
What occupation is NCCI class code 7405?
Class code 7405 is "Livery Service" (also known as Limousine Service, Private Car Service), in the transportation industry. The code is filed in 37 states.
What is the average workers comp rate for code 7405?
The median rate across 37 states is $0.600 per $100 of payroll, ranging from $0.140 (Tennessee) to $1.58 (California).
Why does code 7405 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.