HVAC Installation workers comp rate in Minnesota
The filed workers comp rate for class code 5480 (HVAC Installation) in Minnesota is $4.14 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $20,700 in base premium.
Rate per $100 $4.14
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 76%
Confidence HIGH
FAQ
What is the workers comp rate for code 5480 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 5480 (HVAC Installation) in Minnesota is $4.14 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 5480 on $500,000 of payroll?
At $4.14 per $100, $500,000 of payroll yields a base premium of $20,700 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). Minnesota sits at the 76th percentile across 21 peer states.