Workers comp rates for code 7435: Ferryboat Company
NCCI class code 7435 covers Ferryboat Company in the transportation industry. The median rate across 1 states is $2.90 per $100 payroll. Rates range from $2.90 in New Jersey to $2.90 in New Jersey.
Also known as: Ferry Service · Water Taxi
Cheapest 5 states for code 7435
- New Jersey $2.90
Most expensive 5 states
- New Jersey $2.90
Code 7435 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| New Jersey | 7435 | $2.90 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 7435
What occupation is NCCI class code 7435?
Class code 7435 is "Ferryboat Company" (also known as Ferry Service, Water Taxi), in the transportation industry. The code is filed in 1 states.
What is the average workers comp rate for code 7435?
The median rate across 1 states is $2.90 per $100 of payroll, ranging from $2.90 (New Jersey) to $2.90 (New Jersey).
Why does code 7435 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.