Wire Drawing workers comp rate in Michigan
The filed workers comp rate for class code 3315 (Wire Drawing) in Michigan is $1.59 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $7,950 in base premium.
Rate per $100 $1.59
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 43%
Confidence HIGH
FAQ
What is the workers comp rate for code 3315 in Michigan?
The filed workers comp loss cost / rate for NCCI class code 3315 (Wire Drawing) in Michigan is $1.59 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 3315 on $500,000 of payroll?
At $1.59 per $100, $500,000 of payroll yields a base premium of $7,950 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3315?
UT has the cheapest filed rate for code 3315 ($0.610) and NY the highest ($10.40). Michigan sits at the 43th percentile across 21 peer states.