New Mexico Workers Compensation Class Codes

Looking for New Mexico workers compensation class codes? New Mexico uses the NCCI classification system. NCCI, or the National Council on Compensation Insurance is the governing authority for class codes in the state of  New Mexico, as well as most other U.S. states.

You can view our free guide for locating NCCI Codes by clicking the image to the right.

For underwriting, you will need and NCCI Scopes Manual. The scopes manual is the authoritative guide for state-specific underwriting information.

For other helpful underwriting products and services, you can visit the NCCI Online Catalog, or the IRMI Online Catalog.

New Mexico Workers Compensation Rates

Looking for New Mexico workers compensation rates? Visit our page for workers compensation rates by state. Our list contains estimated base rates for the state of New Mexico. Rates will vary from one insurance company to another. Rates will also vary based on other factors such as:

 

• Years in business
• Experience Modification Rate (MOD)
• Size of deductible
• Years of consecutive coverage / gaps in coverage
• Financial condition of the company
• Trajection of the company size (increase or decrease)
• Employee turnover rate
• Quality of safety programs (if any)
• Employee return-to-work programs
• And many other factors!

 

New Mexico State Resources for Workers Compensation

New Mexico Workers’ Compensation Administration

www.workerscomp.state.nm.us/
2410 Centre Ave SE,

Albuquerque, NM 87106
Call: (800) 255-7965

URL: https://www.workerscomp.state.nm.us/

 

Office of Superintendent of Insurance

4th Floor,

1120 Paseo De Peralta

Santa Fe, NM 87504

Call: 1 (855) 427-5674

URL: https://www.osi.state.nm.us/

 

NM Insurance Division
New Mexico Public Regulation Commission

1120 Paseo De Peralta #413

Santa Fe, NM 87501

Call: (800) 244-6702

URL: https://www.nmprc.state.nm.us/index.html

 

NCCI Relationship with New Mexico

• State Jurisdiction: National Council on Compensation Insurance (NCCI)
• NCCI Collects the following types of policy and statistical data:
  • Workers Compensation
  • Voluntary Compensation
  • Employers Liability
  • United States Longshore and Harbor (USL&H)
  • Alternative Compensation
  • Financial Call Data
  • Detailed Claim Information
  • Medical Data Call Transactions
• NCCI Provides the following core services on behalf of New Mexico
  • Rate / Loss Cost Filing
  • Experience rating (Both intrastate and interstate)
  • NCCI Provides proof of coverage data to the New Mexico Workers Compensation Administration
  • NCCI is the residual market plan administrator for New Mexico

 

 

New Mexico Workers Compensation Class Codes