Private Residence Construction workers comp rate in Minnesota
The filed workers comp rate for class code 5649 (Private Residence Construction) in Minnesota is $2.42 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $12,100 in base premium.
Rate per $100 $2.42
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
Confidence HIGH
FAQ
What is the workers comp rate for code 5649 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 5649 (Private Residence Construction) in Minnesota is $2.42 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 5649 on $500,000 of payroll?
At $2.42 per $100, $500,000 of payroll yields a base premium of $12,100 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.