Electrical Apparatus Manufacturing workers comp rate in Michigan
The filed workers comp rate for class code 3648 (Electrical Apparatus Manufacturing) in Michigan is $0.830 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $4,150 in base premium.
Source quote
"Class Code 3648 0.83"
From Compensation Advisory Organization, effective 2024-01-01.
FAQ
What is the workers comp rate for code 3648 in Michigan?
The filed workers comp loss cost / rate for NCCI class code 3648 (Electrical Apparatus Manufacturing) in Michigan is $0.830 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 3648 on $500,000 of payroll?
At $0.830 per $100, $500,000 of payroll yields a base premium of $4,150 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 3648?
UT has the cheapest filed rate for code 3648 ($0.240) and NY the highest ($1.77). Michigan sits at the 71th percentile across 21 peer states.