HVAC Installation workers comp rate in Maryland
The filed workers comp rate for class code 5480 (HVAC Installation) in Maryland is $3.52 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $17,600 in base premium.
Rate per $100 $3.52
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 67%
Confidence HIGH
FAQ
What is the workers comp rate for code 5480 in Maryland?
The filed workers comp loss cost / rate for NCCI class code 5480 (HVAC Installation) in Maryland is $3.52 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 5480 on $500,000 of payroll?
At $3.52 per $100, $500,000 of payroll yields a base premium of $17,600 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 5480?
UT has the cheapest filed rate for code 5480 ($0.900) and NJ the highest ($11.77). Maryland sits at the 67th percentile across 21 peer states.