Electric Lamp Manufacturing workers comp rate in Michigan
The filed workers comp rate for class code 4712 (Electric Lamp Manufacturing) in Michigan is $1.01 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $5,050 in base premium.
Rate per $100 $1.01
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 33%
Confidence HIGH
FAQ
What is the workers comp rate for code 4712 in Michigan?
The filed workers comp loss cost / rate for NCCI class code 4712 (Electric Lamp Manufacturing) in Michigan is $1.01 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 4712 on $500,000 of payroll?
At $1.01 per $100, $500,000 of payroll yields a base premium of $5,050 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 4712?
MI has the cheapest filed rate for code 4712 ($1.01) and NJ the highest ($2.61). Michigan sits at the 33th percentile across 3 peer states.