Farm, nursery workers comp rate in Minnesota
The filed workers comp rate for class code 0005 (Farm, nursery) in Minnesota is $1.89 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $9,450 in base premium.
Rate per $100 $1.89
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 65%
Confidence HIGH
FAQ
What is the workers comp rate for code 0005 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 0005 (Farm, nursery) in Minnesota is $1.89 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 0005 on $500,000 of payroll?
At $1.89 per $100, $500,000 of payroll yields a base premium of $9,450 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). Minnesota sits at the 65th percentile across 23 peer states.