Carpentry, Detached one and two family dwellings workers comp rate in Maryland
The filed workers comp rate for class code 5645 (Carpentry, Detached one and two family dwellings) in Maryland is $4.35 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $21,750 in base premium.
Rate per $100 $4.35
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 33%
Confidence HIGH
FAQ
What is the workers comp rate for code 5645 in Maryland?
The filed workers comp loss cost / rate for NCCI class code 5645 (Carpentry, Detached one and two family dwellings) in Maryland is $4.35 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 5645 on $500,000 of payroll?
At $4.35 per $100, $500,000 of payroll yields a base premium of $21,750 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 5645?
UT has the cheapest filed rate for code 5645 ($2.33) and NJ the highest ($16.11). Maryland sits at the 33th percentile across 21 peer states.