Floor Covering Installation workers comp rate in Minnesota
The filed workers comp rate for class code 5478 (Floor Covering Installation) in Minnesota is $3.18 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $15,900 in base premium.
Rate per $100 $3.18
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 94%
Confidence HIGH
FAQ
What is the workers comp rate for code 5478 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 5478 (Floor Covering Installation) in Minnesota is $3.18 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 5478 on $500,000 of payroll?
At $3.18 per $100, $500,000 of payroll yields a base premium of $15,900 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 5478?
UT has the cheapest filed rate for code 5478 ($0.590) and IL the highest ($4.34). Minnesota sits at the 94th percentile across 18 peer states.