Electrical Wiring workers comp rate in Michigan
The filed workers comp rate for class code 5190 (Electrical Wiring) in Michigan is $1.46 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $7,300 in base premium.
Rate per $100 $1.46
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 55%
Confidence HIGH
FAQ
What is the workers comp rate for code 5190 in Michigan?
The filed workers comp loss cost / rate for NCCI class code 5190 (Electrical Wiring) in Michigan is $1.46 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 5190 on $500,000 of payroll?
At $1.46 per $100, $500,000 of payroll yields a base premium of $7,300 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 5190?
UT has the cheapest filed rate for code 5190 ($0.380) and NJ the highest ($4.01). Michigan sits at the 55th percentile across 22 peer states.