Clay or Shale Digging workers comp rate in Maryland
The filed workers comp rate for class code 4062 (Clay or Shale Digging) in Maryland is $1.71 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $8,550 in base premium.
Rate per $100 $1.71
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 75%
Confidence HIGH
FAQ
What is the workers comp rate for code 4062 in Maryland?
The filed workers comp loss cost / rate for NCCI class code 4062 (Clay or Shale Digging) in Maryland is $1.71 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 4062 on $500,000 of payroll?
At $1.71 per $100, $500,000 of payroll yields a base premium of $8,550 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 4062?
UT has the cheapest filed rate for code 4062 ($0.440) and NY the highest ($5.08). Maryland sits at the 75th percentile across 20 peer states.