Railroad Operation - switching/yard work workers comp rate in Maryland
The filed workers comp rate for class code 6702 M (Railroad Operation - switching/yard work) in Maryland is $2.02 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $10,100 in base premium.
Rate per $100 $2.02
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 31%
Confidence HIGH
FAQ
What is the workers comp rate for code 6702 M in Maryland?
The filed workers comp loss cost / rate for NCCI class code 6702 M (Railroad Operation - switching/yard work) in Maryland is $2.02 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 6702 M on $500,000 of payroll?
At $2.02 per $100, $500,000 of payroll yields a base premium of $10,100 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 6702 M?
UT has the cheapest filed rate for code 6702 M ($1.48) and KS the highest ($4.14). Maryland sits at the 31th percentile across 16 peer states.