Farm, nursery workers comp rate in Maryland
The filed workers comp rate for class code 0005 (Farm, nursery) in Maryland is $1.09 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $5,450 in base premium.
Rate per $100 $1.09
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 30%
Confidence HIGH
FAQ
What is the workers comp rate for code 0005 in Maryland?
The filed workers comp loss cost / rate for NCCI class code 0005 (Farm, nursery) in Maryland is $1.09 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 0005 on $500,000 of payroll?
At $1.09 per $100, $500,000 of payroll yields a base premium of $5,450 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 0005?
UT has the cheapest filed rate for code 0005 ($0.840) and PA the highest ($5.13). Maryland sits at the 30th percentile across 23 peer states.