Wire Rope or Cable Manufacturing workers comp rate in Minnesota
The filed workers comp rate for class code 3180 (Wire Rope or Cable Manufacturing) in Minnesota is $1.42 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $7,100 in base premium.
Rate per $100 $1.42
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 63%
Confidence HIGH
FAQ
What is the workers comp rate for code 3180 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 3180 (Wire Rope or Cable Manufacturing) in Minnesota is $1.42 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 3180 on $500,000 of payroll?
At $1.42 per $100, $500,000 of payroll yields a base premium of $7,100 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3180?
UT has the cheapest filed rate for code 3180 ($0.500) and CA the highest ($4.95). Minnesota sits at the 63th percentile across 19 peer states.