Excavation workers comp rate in Michigan
The filed workers comp rate for class code 6204 (Excavation) in Michigan is $3.86 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $19,300 in base premium.
Rate per $100 $3.86
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 61%
Confidence HIGH
FAQ
What is the workers comp rate for code 6204 in Michigan?
The filed workers comp loss cost / rate for NCCI class code 6204 (Excavation) in Michigan is $3.86 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 6204 on $500,000 of payroll?
At $3.86 per $100, $500,000 of payroll yields a base premium of $19,300 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 6204?
WA has the cheapest filed rate for code 6204 ($0.489) and CA the highest ($8.46). Michigan sits at the 61th percentile across 23 peer states.