Asphalt Paving workers comp rate in Michigan
The filed workers comp rate for class code 4034 (Asphalt Paving) in Michigan is $4.34 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $21,700 in base premium.
Rate per $100 $4.34
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 73%
Confidence HIGH
FAQ
What is the workers comp rate for code 4034 in Michigan?
The filed workers comp loss cost / rate for NCCI class code 4034 (Asphalt Paving) in Michigan is $4.34 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 4034 on $500,000 of payroll?
At $4.34 per $100, $500,000 of payroll yields a base premium of $21,700 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 4034?
UT has the cheapest filed rate for code 4034 ($1.17) and NJ the highest ($7.42). Michigan sits at the 73th percentile across 22 peer states.