Concrete Construction workers comp rate in Michigan
The filed workers comp rate for class code 4024 (Concrete Construction) in Michigan is $2.53 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $12,650 in base premium.
Rate per $100 $2.53
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 74%
Confidence HIGH
FAQ
What is the workers comp rate for code 4024 in Michigan?
The filed workers comp loss cost / rate for NCCI class code 4024 (Concrete Construction) in Michigan is $2.53 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 4024 on $500,000 of payroll?
At $2.53 per $100, $500,000 of payroll yields a base premium of $12,650 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 4024?
UT has the cheapest filed rate for code 4024 ($0.630) and HI the highest ($4.53). Michigan sits at the 74th percentile across 19 peer states.