Workers comp rates for code 8048: Retail Tobacco Store
NCCI class code 8048 covers Retail Tobacco Store in the retail industry. The median rate across 4 states is $2.44 per $100 payroll. Rates range from $1.39 in Oklahoma to $7.03 in New Jersey.
Also known as: Cigar Shop · Smoke Shop
Cheapest 5 states for code 8048
- Oklahoma $1.39
- Minnesota $1.68
- New York $2.44
- New Jersey $7.03
Most expensive 5 states
- New Jersey $7.03
- New York $2.44
- Minnesota $1.68
- Oklahoma $1.39
Code 8048 rates in all 4 states
FAQs about NCCI 8048
What occupation is NCCI class code 8048?
Class code 8048 is "Retail Tobacco Store" (also known as Cigar Shop, Smoke Shop), in the retail industry. The code is filed in 4 states.
What is the average workers comp rate for code 8048?
The median rate across 4 states is $2.44 per $100 of payroll, ranging from $1.39 (Oklahoma) to $7.03 (New Jersey).
Why does code 8048 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.