Jewelry Salespersons workers comp rate in Virginia
The filed workers comp rate for class code 8721 (Jewelry Salespersons) in Virginia is $0.074 per $100 of payroll , effective 2026-04-01. On $500,000 of payroll, that's roughly $370 in base premium.
Rate per $100 $0.074
Rate type loss_cost
Authority National Council on Compensation
Effective 2026-04-01
vs peers 18%
Confidence HIGH
Source quote
"CLASS CODE 8721 LOSS COST 0.074"
From National Council on Compensation, effective 2026-04-01.
FAQ
What is the workers comp rate for code 8721 in Virginia?
The filed workers comp loss cost / rate for NCCI class code 8721 (Jewelry Salespersons) in Virginia is $0.074 per $100 of payroll, effective 2026-04-01.
How much would I pay in Virginia for code 8721 on $500,000 of payroll?
At $0.074 per $100, $500,000 of payroll yields a base premium of $370 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8721?
UT has the cheapest filed rate for code 8721 ($0.050) and NV the highest ($0.490). Virginia sits at the 18th percentile across 17 peer states.