NCCI · 18 states

Workers comp rates for code 8723: Furniture Salespersons

NCCI class code 8723 covers Furniture Salespersons in the retail industry. The median rate across 18 states is $0.070 per $100 payroll. Rates range from $0.020 in Utah to $0.130 in Nevada.

Also known as: Furniture Store Staff · Home Furnishings Sales

Cheapest 5 states for code 8723

  1. Utah $0.020
  2. Kansas $0.030
  3. Kentucky $0.040
  4. Oregon $0.040
  5. Maryland $0.050

Most expensive 5 states

  1. Nevada $0.130
  2. Hawaii $0.120
  3. Louisiana $0.110
  4. Alaska $0.110
  5. Indiana $0.090

Code 8723 rates in all 18 states

State Code Rate per $100 vs peers Source
Utah 8723 $0.020 6% view
Kansas 8723 $0.030 11% view
Kentucky 8723 $0.040 22% view
Oregon 8723 $0.040 22% view
Maryland 8723 $0.050 33% view
Tennessee 8723 $0.050 33% view
Illinois 8723 $0.051 39% view
New York 8723 $0.056 44% view
Arkansas 8723 $0.060 50% view
Minnesota 8723 $0.070 61% view
Rhode Island 8723 $0.070 61% view
Alabama 8723 $0.080 72% view
Oklahoma 8723 $0.080 72% view
Indiana 8723 $0.090 78% view
Alaska 8723 $0.110 89% view
Louisiana 8723 $0.110 89% view
Hawaii 8723 $0.120 94% view
Nevada 8723 $0.130 100% view

Bottom quartile (cheap) Mid Top quartile (expensive)

FAQs about NCCI 8723

What occupation is NCCI class code 8723?

Class code 8723 is "Furniture Salespersons" (also known as Furniture Store Staff, Home Furnishings Sales), in the retail industry. The code is filed in 18 states.

What is the average workers comp rate for code 8723?

The median rate across 18 states is $0.070 per $100 of payroll, ranging from $0.020 (Utah) to $0.130 (Nevada).

Why does code 8723 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.