Carpentry, Detached one and two family dwellings workers comp rate in Minnesota
The filed workers comp rate for class code 5645 (Carpentry, Detached one and two family dwellings) in Minnesota is $5.63 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $28,150 in base premium.
Rate per $100 $5.63
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 67%
Confidence HIGH
FAQ
What is the workers comp rate for code 5645 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 5645 (Carpentry, Detached one and two family dwellings) in Minnesota is $5.63 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 5645 on $500,000 of payroll?
At $5.63 per $100, $500,000 of payroll yields a base premium of $28,150 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). Minnesota sits at the 67th percentile across 21 peer states.