Clay or Shale Digging workers comp rate in Minnesota
The filed workers comp rate for class code 4062 (Clay or Shale Digging) in Minnesota is $1.40 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $7,000 in base premium.
Rate per $100 $1.40
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 60%
Confidence HIGH
FAQ
What is the workers comp rate for code 4062 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 4062 (Clay or Shale Digging) in Minnesota is $1.40 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 4062 on $500,000 of payroll?
At $1.40 per $100, $500,000 of payroll yields a base premium of $7,000 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). Minnesota sits at the 60th percentile across 20 peer states.