Insurance Sales workers comp rate in New Jersey
The filed workers comp rate for class code 8753 (Insurance Sales) in New Jersey is $2.27 per $100 of payroll , effective 2025-01-01. On $500,000 of payroll, that's roughly $11,350 in base premium.
Rate per $100 $2.27
Rate type manual_rate
Authority NCCI / state rating bureau
Effective 2025-01-01
Confidence HIGH
FAQ
What is the workers comp rate for code 8753 in New Jersey?
The filed workers comp loss cost / rate for NCCI class code 8753 (Insurance Sales) in New Jersey is $2.27 per $100 of payroll, effective 2025-01-01.
How much would I pay in New Jersey for code 8753 on $500,000 of payroll?
At $2.27 per $100, $500,000 of payroll yields a base premium of $11,350 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.