Workers comp rates for code 7708: Security Guard Company
NCCI class code 7708 covers Security Guard Company in the services industry. The median rate across 1 states is $15.43 per $100 payroll. Rates range from $15.43 in Minnesota to $15.43 in Minnesota.
Also known as: Security Services
Cheapest 5 states for code 7708
- Minnesota $15.43
Most expensive 5 states
- Minnesota $15.43
Code 7708 rates in all 1 states
FAQs about NCCI 7708
What occupation is NCCI class code 7708?
Class code 7708 is "Security Guard Company" (also known as Security Services), in the services industry. The code is filed in 1 states.
What is the average workers comp rate for code 7708?
The median rate across 1 states is $15.43 per $100 of payroll, ranging from $15.43 (Minnesota) to $15.43 (Minnesota).
Why does code 7708 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.