NCCI · 2 states

Workers comp rates for code 8754: Securities Sales

NCCI class code 8754 covers Securities Sales in the services industry. The median rate across 2 states is $0.680 per $100 payroll. Rates range from $0.510 in Louisiana to $0.680 in Rhode Island.

Also known as: Stockbroker · Financial Advisor

Cheapest 5 states for code 8754

  1. Louisiana $0.510
  2. Rhode Island $0.680

Most expensive 5 states

  1. Rhode Island $0.680
  2. Louisiana $0.510

Code 8754 rates in all 2 states

State Code Rate per $100 vs peers Source
Louisiana 8754 $0.510 - view
Rhode Island 8754 $0.680 - view

Bottom quartile (cheap) Mid Top quartile (expensive)

FAQs about NCCI 8754

What occupation is NCCI class code 8754?

Class code 8754 is "Securities Sales" (also known as Stockbroker, Financial Advisor), in the services industry. The code is filed in 2 states.

What is the average workers comp rate for code 8754?

The median rate across 2 states is $0.680 per $100 of payroll, ranging from $0.510 (Louisiana) to $0.680 (Rhode Island).

Why does code 8754 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.