Workers comp rates for code 9423: Commercial/Trade Schools
NCCI class code 9423 covers Commercial/Trade Schools in the education industry. The median rate across 1 states is $3.36 per $100 payroll. Rates range from $3.36 in New Jersey to $3.36 in New Jersey.
Also known as: Vocational Schools · Technical Colleges
Cheapest 5 states for code 9423
- New Jersey $3.36
Most expensive 5 states
- New Jersey $3.36
Code 9423 rates in all 1 states
| State | Code | Rate per $100 | vs peers | Source |
|---|---|---|---|---|
| New Jersey | 9423 | $3.36 | - | view |
Bottom quartile (cheap) Mid Top quartile (expensive)
FAQs about NCCI 9423
What occupation is NCCI class code 9423?
Class code 9423 is "Commercial/Trade Schools" (also known as Vocational Schools, Technical Colleges), in the education industry. The code is filed in 1 states.
What is the average workers comp rate for code 9423?
The median rate across 1 states is $3.36 per $100 of payroll, ranging from $3.36 (New Jersey) to $3.36 (New Jersey).
Why does code 9423 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.