High-Risk NAICS Codes and How to Avoid Them
CreditStrong for Business
OCTOBER 18, 2024
For example, an insurance company may use them to find their clients appropriate coverage and set their insurance premiums. If you provide the wrong code, they could deem you too risky to insure or charge you higher premiums. However, the NAICS isn’t the only organization to use these codes as a frame of reference.
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