Workers comp rates for code 7998: Bus Companies
NCCI class code 7998 covers Bus Companies in the transportation industry. The median rate across 1 states is $1.79 per $100 payroll. Rates range from $1.79 in New York to $1.79 in New York.
Also known as: Bus Transportation · Public Transit
Cheapest 5 states for code 7998
- New York $1.79
Most expensive 5 states
- New York $1.79
Code 7998 rates in all 1 states
FAQs about NCCI 7998
What occupation is NCCI class code 7998?
Class code 7998 is "Bus Companies" (also known as Bus Transportation, Public Transit), in the transportation industry. The code is filed in 1 states.
What is the average workers comp rate for code 7998?
The median rate across 1 states is $1.79 per $100 of payroll, ranging from $1.79 (New York) to $1.79 (New York).
Why does code 7998 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.