Silviculture workers comp rate in Maryland
The filed workers comp rate for class code 0251 (Silviculture) in Maryland is $2.07 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $10,350 in base premium.
Rate per $100 $2.07
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 40%
Confidence HIGH
Source quote
"CLASS CODE 0251 LOSS COST 2.07"
From National Council on Compensation, effective 2024-01-01.
FAQ
What is the workers comp rate for code 0251 in Maryland?
The filed workers comp loss cost / rate for NCCI class code 0251 (Silviculture) in Maryland is $2.07 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 0251 on $500,000 of payroll?
At $2.07 per $100, $500,000 of payroll yields a base premium of $10,350 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 0251?
UT has the cheapest filed rate for code 0251 ($0.810) and NY the highest ($9.01). Maryland sits at the 40th percentile across 20 peer states.