Excavation workers comp rate in Minnesota
The filed workers comp rate for class code 6204 (Excavation) in Minnesota is $4.51 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $22,550 in base premium.
Rate per $100 $4.51
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 78%
Confidence HIGH
FAQ
What is the workers comp rate for code 6204 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 6204 (Excavation) in Minnesota is $4.51 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 6204 on $500,000 of payroll?
At $4.51 per $100, $500,000 of payroll yields a base premium of $22,550 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). Minnesota sits at the 78th percentile across 23 peer states.