Street or Road Construction - Grading workers comp rate in Michigan
The filed workers comp rate for class code 5507 (Street or Road Construction - Grading) in Michigan is $2.49 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $12,450 in base premium.
Rate per $100 $2.49
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 63%
Confidence HIGH
FAQ
What is the workers comp rate for code 5507 in Michigan?
The filed workers comp loss cost / rate for NCCI class code 5507 (Street or Road Construction - Grading) in Michigan is $2.49 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 5507 on $500,000 of payroll?
At $2.49 per $100, $500,000 of payroll yields a base premium of $12,450 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 5507?
KS has the cheapest filed rate for code 5507 ($1.08) and NY the highest ($4.20). Michigan sits at the 63th percentile across 19 peer states.