Asbestos Removal workers comp rate in Minnesota
The filed workers comp rate for class code 5472 (Asbestos Removal) in Minnesota is $5.91 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $29,550 in base premium.
Rate per $100 $5.91
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 94%
Confidence HIGH
FAQ
What is the workers comp rate for code 5472 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 5472 (Asbestos Removal) in Minnesota is $5.91 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 5472 on $500,000 of payroll?
At $5.91 per $100, $500,000 of payroll yields a base premium of $29,550 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 5472?
UT has the cheapest filed rate for code 5472 ($0.790) and IL the highest ($7.35). Minnesota sits at the 94th percentile across 18 peer states.