Surface Metal Mining workers comp rate in Michigan
The filed workers comp rate for class code 1320 (Surface Metal Mining) in Michigan is $1.12 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $5,600 in base premium.
Rate per $100 $1.12
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 57%
Confidence HIGH
Source quote
"Class Code 1320 1.12"
From Compensation Advisory Organization, effective 2024-01-01.
FAQ
What is the workers comp rate for code 1320 in Michigan?
The filed workers comp loss cost / rate for NCCI class code 1320 (Surface Metal Mining) in Michigan is $1.12 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 1320 on $500,000 of payroll?
At $1.12 per $100, $500,000 of payroll yields a base premium of $5,600 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 1320?
UT has the cheapest filed rate for code 1320 ($0.360) and IL the highest ($3.09). Michigan sits at the 57th percentile across 21 peer states.