Battery Manufacturing workers comp rate in Minnesota
The filed workers comp rate for class code 4693 (Battery Manufacturing) in Minnesota is $0.560 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $2,800 in base premium.
Rate per $100 $0.560
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 62%
Confidence HIGH
FAQ
What is the workers comp rate for code 4693 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 4693 (Battery Manufacturing) in Minnesota is $0.560 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 4693 on $500,000 of payroll?
At $0.560 per $100, $500,000 of payroll yields a base premium of $2,800 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 4693?
UT has the cheapest filed rate for code 4693 ($0.200) and NY the highest ($1.66). Minnesota sits at the 62th percentile across 21 peer states.