Die Casting Foundry workers comp rate in Minnesota
The filed workers comp rate for class code 3224 (Die Casting Foundry) in Minnesota is $1.97 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $9,850 in base premium.
Rate per $100 $1.97
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 67%
Confidence HIGH
FAQ
What is the workers comp rate for code 3224 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 3224 (Die Casting Foundry) in Minnesota is $1.97 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 3224 on $500,000 of payroll?
At $1.97 per $100, $500,000 of payroll yields a base premium of $9,850 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3224?
UT has the cheapest filed rate for code 3224 ($0.680) and HI the highest ($3.82). Minnesota sits at the 67th percentile across 18 peer states.