Workers comp rates for code 7420: Railroad Operations
NCCI class code 7420 covers Railroad Operations in the transportation industry. The median rate across 18 states is $2.79 per $100 payroll. Rates range from $1.05 in Utah to $8.65 in Hawaii.
Also known as: Train Service · Railway Company
Most expensive 5 states
- Hawaii $8.65
- Rhode Island $6.70
- Illinois $6.35
- Louisiana $5.33
- Indiana $5.13
Code 7420 rates in all 18 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| Utah | 7420 | $1.05 | 6% | view |
| Kansas | 7420 | $1.38 | 11% | view |
| Tennessee | 7420 | $1.76 | 17% | view |
| Oregon | 7420 | $1.83 | 22% | view |
| Alaska | 7420 | $2.16 | 28% | view |
| Minnesota | 7420 | $2.34 | 33% | view |
| Kentucky | 7420 | $2.50 | 39% | view |
| Alabama | 7420 | $2.71 | 44% | view |
| Oklahoma | 7420 | $2.78 | 50% | view |
| Virginia | 7420 | $2.79 | 56% | view |
| Maryland | 7420 | $3.51 | 61% | view |
| Arkansas | 7420 | $3.88 | 67% | view |
| Nevada | 7420 | $4.14 | 72% | view |
| Indiana | 7420 | $5.13 | 78% | view |
| Louisiana | 7420 | $5.33 | 83% | view |
| Illinois | 7420 | $6.35 | 89% | view |
| Rhode Island | 7420 | $6.70 | 94% | view |
| Hawaii | 7420 | $8.65 | 100% | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 7420
What occupation is NCCI class code 7420?
Class code 7420 is "Railroad Operations" (also known as Train Service, Railway Company), in the transportation industry. The code is filed in 18 states.
What is the average workers comp rate for code 7420?
The median rate across 18 states is $2.79 per $100 of payroll, ranging from $1.05 (Utah) to $8.65 (Hawaii).
Why does code 7420 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.