Tag Archives: ncci
Top 5 Misclassified Workers Comp Codes
workers comp codes NCCI https://www.ncci.com/Articles/Pages/UW_2015ClassInspectionProgramUpdate.aspx 8810—Clerical Office Employees NOC 8742—Salespersons or Collectors—Outside 9015—Building or Property Management—All Other Employees 8601—Architectural or Engineering Firm—Including Salespersons & Drivers 5191—Office Machine Installation, Inspection, Adjustment, or Repair … Continue reading
What is an Experience Modification Rate and How Does it Effect My Business
Your Experience Modification Factor (also known as the Experience Modification Rate) will only apply to your workers’ compensation policy. Your Experience Mod (X-mod) compares your workers’ compensation claims experience to other employers of similar size operating in the same type … Continue reading
Posted in National Workers Compensation
Tagged class codes, experience mod, ncci, workers comp claims, x-mod
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How to Calculate Workers Compensation Premium
How is Your Workers Compensation Premium Calculated? No matter the size of your company one of the most important things to do and basic costs of doing business is insuring your employees against injury on the job. On the job … Continue reading
How Credits and Debits Affect Workers Comp Rates
When purchasing Worker’s Compensation Insurance there are two primary factors that can change your rate. There are credits, which help lower the price you pay for coverage, and then there are debits, which bring up the price you pay. Below … Continue reading
Workers Compensation Classifications: Contractors vs. Roofing, Class Code 5465
Workers Compensation Classification to be aware of-Remodeling and Roofing Workers compensation classification codes can be very tricky to decipher especially for the carpentry and remodeling businesses (Class Code 5465). out there. There are a few things to keep in mind … Continue reading