NCCI · 2 states

Workers comp rates for code 8059: Retail Gift Shop

NCCI class code 8059 covers Retail Gift Shop in the retail industry. The median rate across 2 states is $3.58 per $100 payroll. Rates range from $1.15 in Michigan to $3.58 in California.

Also known as: Souvenir Shop

Cheapest 5 states for code 8059

  1. Michigan $1.15
  2. California $3.58

Most expensive 5 states

  1. California $3.58
  2. Michigan $1.15

Code 8059 rates in all 2 states

State Code Rate per $100 vs peers Source
Michigan 8059 $1.15 - view
California 8059 $3.58 - view

Bottom quartile (cheap) Mid Top quartile (expensive)

FAQs about NCCI 8059

What occupation is NCCI class code 8059?

Class code 8059 is "Retail Gift Shop" (also known as Souvenir Shop), in the retail industry. The code is filed in 2 states.

What is the average workers comp rate for code 8059?

The median rate across 2 states is $3.58 per $100 of payroll, ranging from $1.15 (Michigan) to $3.58 (California).

Why does code 8059 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.