Shaft Sinking workers comp rate in Minnesota
The filed workers comp rate for class code 6252 (Shaft Sinking) in Minnesota is $2.56 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $12,800 in base premium.
Rate per $100 $2.56
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 74%
Confidence HIGH
FAQ
What is the workers comp rate for code 6252 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 6252 (Shaft Sinking) in Minnesota is $2.56 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 6252 on $500,000 of payroll?
At $2.56 per $100, $500,000 of payroll yields a base premium of $12,800 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 6252?
AR has the cheapest filed rate for code 6252 ($0.610) and NJ the highest ($5.22). Minnesota sits at the 74th percentile across 19 peer states.