Residential Building Construction workers comp rate in Michigan
The filed workers comp rate for class code 5610 (Residential Building Construction) in Michigan is $2.83 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $14,150 in base premium.
Source quote
"Class Code 5610 2.83"
From Compensation Advisory Organization, effective 2024-01-01.
FAQ
What is the workers comp rate for code 5610 in Michigan?
The filed workers comp loss cost / rate for NCCI class code 5610 (Residential Building Construction) in Michigan is $2.83 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 5610 on $500,000 of payroll?
At $2.83 per $100, $500,000 of payroll yields a base premium of $14,150 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 5610?
UT has the cheapest filed rate for code 5610 ($1.04) and NY the highest ($9.72). Michigan sits at the 62th percentile across 21 peer states.