Carpentry, installation of wood interior trim workers comp rate in Minnesota
The filed workers comp rate for class code 5437 (Carpentry, installation of wood interior trim) in Minnesota is $5.63 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $28,150 in base premium.
Rate per $100 $5.63
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 90%
Confidence HIGH
FAQ
What is the workers comp rate for code 5437 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 5437 (Carpentry, installation of wood interior trim) in Minnesota is $5.63 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 5437 on $500,000 of payroll?
At $5.63 per $100, $500,000 of payroll yields a base premium of $28,150 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 5437?
UT has the cheapest filed rate for code 5437 ($0.950) and NJ the highest ($9.61). Minnesota sits at the 90th percentile across 20 peer states.