Sheet metal work workers comp rate in Michigan
The filed workers comp rate for class code 5538 (Sheet metal work) in Michigan is $3.59 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $17,950 in base premium.
Rate per $100 $3.59
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 20%
Confidence HIGH
FAQ
What is the workers comp rate for code 5538 in Michigan?
The filed workers comp loss cost / rate for NCCI class code 5538 (Sheet metal work) in Michigan is $3.59 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 5538 on $500,000 of payroll?
At $3.59 per $100, $500,000 of payroll yields a base premium of $17,950 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 5538?
MI has the cheapest filed rate for code 5538 ($3.59) and CA the highest ($7.05). Michigan sits at the 20th percentile across 5 peer states.