Workers comp rates for code 8051: Retail Shoe Store
NCCI class code 8051 covers Retail Shoe Store in the retail industry. The median rate across 1 states is $2.01 per $100 payroll. Rates range from $2.01 in New Jersey to $2.01 in New Jersey.
Also known as: Footwear Store
Cheapest 5 states for code 8051
- New Jersey $2.01
Most expensive 5 states
- New Jersey $2.01
Code 8051 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| New Jersey | 8051 | $2.01 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 8051
What occupation is NCCI class code 8051?
Class code 8051 is "Retail Shoe Store" (also known as Footwear Store), in the retail industry. The code is filed in 1 states.
What is the average workers comp rate for code 8051?
The median rate across 1 states is $2.01 per $100 of payroll, ranging from $2.01 (New Jersey) to $2.01 (New Jersey).
Why does code 8051 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.