NCCI · 1 states

Workers comp rates for code 7408: School Bus Company

NCCI class code 7408 covers School Bus Company in the transportation industry. The median rate across 1 states is $0.400 per $100 payroll. Rates range from $0.400 in Nevada to $0.400 in Nevada.

Also known as: Student Transportation · School Transportation

Cheapest 5 states for code 7408

  1. Nevada $0.400

Most expensive 5 states

  1. Nevada $0.400

Code 7408 rates in all 1 states

State Code Rate per $100 vs peers Source
Nevada 7408 $0.400 - view

Bottom quartile (cheap) Mid Top quartile (expensive)

FAQs about NCCI 7408

What occupation is NCCI class code 7408?

Class code 7408 is "School Bus Company" (also known as Student Transportation, School Transportation), in the transportation industry. The code is filed in 1 states.

What is the average workers comp rate for code 7408?

The median rate across 1 states is $0.400 per $100 of payroll, ranging from $0.400 (Nevada) to $0.400 (Nevada).

Why does code 7408 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.