NCCI Code 8803 — Auditors, Accountants

8803

NCCI Code

$0.12

Per $100 Payroll

What Code 8803 Covers

Code 8803 is one of the lowest-rate classifications available. It covers accounting firms, auditing firms, and CPA practices. The extremely low rate reflects the minimal physical risk of desk-based professional work.

Common Misclassification Issues

Accounting firms incorrectly coded under generic office codes with higher rates. Also, in-house accountants at other businesses should still be split into 8810 clerical rather than the company's governing class.

How This Affects Your Premium

At $0.12 per $100 of payroll, an employee earning $50,000/year classified under code 8803 adds approximately $59 to your annual premium. If that employee should actually be in a lower-rate code like 8810 (clerical at $0.16/$100), you'd save approximately $-20 per employee per year.

Multiply that by every misclassified employee, and the overpayment adds up fast.

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Rates shown are approximate national averages. Actual rates vary by state, insurer, and experience modifier.