Workers comp rates for code 8003: Department Stores
NCCI class code 8003 covers Department Stores in the retail industry. The median rate across 1 states is $0.260 per $100 payroll. Rates range from $0.260 in Alaska to $0.260 in Alaska.
Also known as: Retail Department Store · Large Retailer
Cheapest 5 states for code 8003
- Alaska $0.260
Most expensive 5 states
- Alaska $0.260
Code 8003 rates in all 1 states
FAQs about NCCI 8003
What occupation is NCCI class code 8003?
Class code 8003 is "Department Stores" (also known as Retail Department Store, Large Retailer), in the retail industry. The code is filed in 1 states.
What is the average workers comp rate for code 8003?
The median rate across 1 states is $0.260 per $100 of payroll, ranging from $0.260 (Alaska) to $0.260 (Alaska).
Why does code 8003 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.