Painting workers comp rate in Maryland
The filed workers comp rate for class code 5474 (Painting) in Maryland is $2.29 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $11,450 in base premium.
Rate per $100 $2.29
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 33%
Confidence HIGH
Source quote
"CLASS CODE 5474 LOSS COST 2.29"
From National Council on Compensation, effective 2024-01-01.
FAQ
What is the workers comp rate for code 5474 in Maryland?
The filed workers comp loss cost / rate for NCCI class code 5474 (Painting) in Maryland is $2.29 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 5474 on $500,000 of payroll?
At $2.29 per $100, $500,000 of payroll yields a base premium of $11,450 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 5474?
UT has the cheapest filed rate for code 5474 ($0.840) and NJ the highest ($9.93). Maryland sits at the 33th percentile across 21 peer states.