Concrete Construction workers comp rate in Minnesota
The filed workers comp rate for class code 4024 (Concrete Construction) in Minnesota is $2.49 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $12,450 in base premium.
Rate per $100 $2.49
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 68%
Confidence HIGH
FAQ
What is the workers comp rate for code 4024 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 4024 (Concrete Construction) in Minnesota is $2.49 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 4024 on $500,000 of payroll?
At $2.49 per $100, $500,000 of payroll yields a base premium of $12,450 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). Minnesota sits at the 68th percentile across 19 peer states.