KY Workers Comp
Class Codes (By Number With Description)

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KY workers comp class codes are four digit numbers assigned by The National Council on Compensation Insurance (NCCI). Kentucky workers compensation classification codes contain your industries injury rates & are used to determine your base premium cost.

Kentucky Workers Compensation Classification Codes

KY Workers Comp Class Codes

So what are KY workers com class codes? Kentucky Department of Insurance uses workers compensation classification codes created by the National Council on Compensation Insurance (NCCI), an organization that according to them: "gathers data, analyzes industry trends, and provides objective insurance rate and loss cost recommendations."

According to WikipediA: The NCCI annually collects data covering more than four million workers compensation claims and two million policies. The bureau uses this information to provide:

For example, for a roofer, tree trimmer, or demolition company, the cost could be $17 per $100 in payroll, or even higher. On the other hand, the cost to cover a attorney, accountant or real estate agent could be under $0.20 per $100 of their payroll. So, for an employee that earns $40,000 a year, a blue collar contracting company could pay around $6800, where a white collar business may pay just $80. It all depends on the risk or injury associated with the code.

Workers Compensation Insurance Information

According to the Kentucky Department of Workers' Claims (DWC), All Kentucky employers with one or more employees are required to maintain workers' compensation coverage. All questions regarding these requirements, workers' compensation claims or benefits should be directed to the Department of Workers' Claims.

According to the Kentucky Guidebook to Workers' Compensation: "In Kentucky, workers' compensation is considered the "exclusive remedy" for injured workers. This means that in exchange for the protection that workers' compensation coverage offers, employees surrender their right to sue employers in civil court for damages arising from workplace injuries.

Workers' compensation benefits can include partial wage replacement, payment of medical treatment and restoring the injured worker to suitable employment.

If an employee's death occurs as a result of the injury, a lump sum payment is made to the employee's estate, from which burial expenses are to be paid. The amount of the lump sum payment changes annually. Income benefits are also extended to the surviving spouse and other dependents."

For more info including coverages and cost you can check out this article on: workers compensation insurance.

KY Workers Compensation Classification Codes List

KY workers comp class codes - some of the most searched class codes are:

... because the cost for workers comp base premiums are lower in these classes than most others.

Following is a list of the KY workers comp class codes. Both the code and class description are listed in numerical order:

Workers Comp Insurance Articles

If you are looking for more information on workers compensation: Texas Workers Compensation For Restaurants.

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Workers Compensation Insurance Quotes

If you are looking for state specific Workers Compensation Insurance insurance quotes, costs and information: California Workers Compensation Insurance, Delaware Workers Compensation Insurance, Illinois Workers Compensation Insurance,Kentucky Workers Compensation Insurance, New Jersey Workers Compensation Insurance, New York Workers Compensation Insurance, Pennsylvania Workers Compensation Insurance, Texas Workers Compensation Insurance.

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