Workers comp rates for code 8054: Retail Musical Instruments
NCCI class code 8054 covers Retail Musical Instruments in the retail industry. The median rate across 1 states is $5.91 per $100 payroll. Rates range from $5.91 in New Jersey to $5.91 in New Jersey.
Also known as: Music Store
Cheapest 5 states for code 8054
- New Jersey $5.91
Most expensive 5 states
- New Jersey $5.91
Code 8054 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| New Jersey | 8054 | $5.91 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 8054
What occupation is NCCI class code 8054?
Class code 8054 is "Retail Musical Instruments" (also known as Music Store), in the retail industry. The code is filed in 1 states.
What is the average workers comp rate for code 8054?
The median rate across 1 states is $5.91 per $100 of payroll, ranging from $5.91 (New Jersey) to $5.91 (New Jersey).
Why does code 8054 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.