Floor Covering Manufacturing workers comp rate in Minnesota
The filed workers comp rate for class code 4683 (Floor Covering Manufacturing) in Minnesota is $2.98 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $14,900 in base premium.
Rate per $100 $2.98
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 75%
Confidence HIGH
FAQ
What is the workers comp rate for code 4683 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 4683 (Floor Covering Manufacturing) in Minnesota is $2.98 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 4683 on $500,000 of payroll?
At $2.98 per $100, $500,000 of payroll yields a base premium of $14,900 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 4683?
UT has the cheapest filed rate for code 4683 ($0.670) and IL the highest ($4.58). Minnesota sits at the 75th percentile across 20 peer states.