Clerical, Professional & Sales
Class Code 8720: Inspection of Risks for Insurance or Valuation Purposes NOC — Workers' Comp Insurance
Covers employees who inspect property or operations to assess insurance risk or determine value, rather than perform construction, repair, or hands-on work. Think loss-control representatives, appraisers, and field inspectors working on behalf of insurers, agencies, or valuation firms.
- Risk level:
- low
What code 8720 covers
Class 8720 applies to businesses whose employees travel to inspect property, equipment, or operations specifically for insurance underwriting, loss control, or valuation purposes, without performing any repair, construction, or physical alteration of what they inspect. The work is observational and reporting-based: walking a property, documenting conditions, measuring, photographing, and writing up findings. Because inspectors travel to a wide range of locations, including active job sites and industrial facilities, the code recognizes more field exposure than a pure office job, even though the inspector isn't performing manual labor. If an employee's duties expand beyond inspection into hands-on testing, sampling, or repair work, that activity is generally evaluated under a different, more specific classification.
Included operations
- Property and equipment inspections for insurance underwriting
- Loss-control and risk-assessment site visits
- Appraisals and valuations for insurance purposes
- Report writing and documentation tied to inspections
- Incidental clerical and driving duties for inspectors
Assigned elsewhere
Businesses that typically carry 8720
- Independent insurance inspection and loss-control firms
- Appraisal companies serving insurers
- Third-party underwriting inspection services
- Property valuation firms working with insurance carriers
- Nonprofit and association back offices
- Accounting and bookkeeping firms
- Technology and software company offices
- Businesses whose main operations carry a different, higher-hazard class code
Common misclassifications
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What drives the cost of code 8720
- Total annual payroll for employees assigned to this classification
- Experience modification factor based on claims history
- State-specific base rates and loss costs filed for this class code
- Claims frequency and severity trends for the business
- Safety programs, training, and workplace controls in place
- Payroll mix across multiple classifications at the same location
What underwriters look for
- Percentage of time employees spend on outside sales, deliveries, or non-desk duties
- Whether any employees perform duties that belong under a different, higher-hazard class code
- Total clerical payroll versus payroll in other classifications at the same location
- Prior claims history and current experience modification factor
State differences
This entry uses standard NCCI class code phraseology, which applies in most NCCI-governed states. Pennsylvania (PCRB), Delaware (DCRB), California (WCIRB), New Jersey (NJCRIB), Michigan, New York (NYCIRB), and Massachusetts maintain their own classification manuals, and code numbers or phraseology can differ there. Our agency confirms the correct classification for your state before quoting.
Where code 8720 fits
Quote class code 8720.
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Class code 8720 questions
Does 8720 cover home inspectors?
It's specific to inspections performed for insurance underwriting or valuation purposes rather than general pre-purchase home inspections, which may fall under a different code.
What if an inspector also does minor repairs during a visit?
Hands-on repair work is outside the scope of this classification and would need to be evaluated separately.
Does this cover the travel involved in visiting inspection sites?
Yes, travel between inspection locations is part of the normal exposure contemplated by the code.
Is lab testing of collected samples included?
No, analytical laboratory work is a separate classification even if the same firm also performs field inspections.
Last reviewed · Reviewed by Provident Financial Group licensed agents