NCCI · 2 states

Workers comp rates for code 7423: Railroad Station Employees

NCCI class code 7423 covers Railroad Station Employees in the transportation industry. The median rate across 2 states is $8.45 per $100 payroll. Rates range from $1.23 in Michigan to $8.45 in Minnesota.

Also known as: Train Station Staff · Railway Depot Workers

Cheapest 5 states for code 7423

  1. Michigan $1.23
  2. Minnesota $8.45

Most expensive 5 states

  1. Minnesota $8.45
  2. Michigan $1.23

Code 7423 rates in all 2 states

State Code Rate per $100 vs peers Source
Michigan 7423 $1.23 - view
Minnesota 7423 $8.45 - view

Bottom quartile (cheap) Mid Top quartile (expensive)

FAQs about NCCI 7423

What occupation is NCCI class code 7423?

Class code 7423 is "Railroad Station Employees" (also known as Train Station Staff, Railway Depot Workers), in the transportation industry. The code is filed in 2 states.

What is the average workers comp rate for code 7423?

The median rate across 2 states is $8.45 per $100 of payroll, ranging from $1.23 (Michigan) to $8.45 (Minnesota).

Why does code 7423 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.