Workers comp rates for code 8506: Waste Paper Dealer
NCCI class code 8506 covers Waste Paper Dealer in the services industry. The median rate across 1 states is $6.30 per $100 payroll. Rates range from $6.30 in New Jersey to $6.30 in New Jersey.
Also known as: Paper Recycling · Paper Salvage
Cheapest 5 states for code 8506
- New Jersey $6.30
Most expensive 5 states
- New Jersey $6.30
Code 8506 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| New Jersey | 8506 | $6.30 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 8506
What occupation is NCCI class code 8506?
Class code 8506 is "Waste Paper Dealer" (also known as Paper Recycling, Paper Salvage), in the services industry. The code is filed in 1 states.
What is the average workers comp rate for code 8506?
The median rate across 1 states is $6.30 per $100 of payroll, ranging from $6.30 (New Jersey) to $6.30 (New Jersey).
Why does code 8506 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.