NCCI · 2 states

Workers comp rates for code 8753: Insurance Sales

NCCI class code 8753 covers Insurance Sales in the services industry. The median rate across 2 states is $2.27 per $100 payroll. Rates range from $0.910 in Oklahoma to $2.27 in New Jersey.

Also known as: Insurance Agent

Cheapest 5 states for code 8753

  1. Oklahoma $0.910
  2. New Jersey $2.27

Most expensive 5 states

  1. New Jersey $2.27
  2. Oklahoma $0.910

Code 8753 rates in all 2 states

State Code Rate per $100 vs peers Source
Oklahoma 8753 $0.910 - view
New Jersey 8753 $2.27 - view

Bottom quartile (cheap) Mid Top quartile (expensive)

FAQs about NCCI 8753

What occupation is NCCI class code 8753?

Class code 8753 is "Insurance Sales" (also known as Insurance Agent), in the services industry. The code is filed in 2 states.

What is the average workers comp rate for code 8753?

The median rate across 2 states is $2.27 per $100 of payroll, ranging from $0.910 (Oklahoma) to $2.27 (New Jersey).

Why does code 8753 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.