Iron/Steel Erection - Frame workers comp rate in Michigan
The filed workers comp rate for class code 6306 (Iron/Steel Erection - Frame) in Michigan is $2.95 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $14,750 in base premium.
Rate per $100 $2.95
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 68%
Confidence HIGH
FAQ
What is the workers comp rate for code 6306 in Michigan?
The filed workers comp loss cost / rate for NCCI class code 6306 (Iron/Steel Erection - Frame) in Michigan is $2.95 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 6306 on $500,000 of payroll?
At $2.95 per $100, $500,000 of payroll yields a base premium of $14,750 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 6306?
UT has the cheapest filed rate for code 6306 ($0.930) and NJ the highest ($7.88). Michigan sits at the 68th percentile across 22 peer states.