Railroad Operation - road work workers comp rate in Minnesota
The filed workers comp rate for class code 6703 (Railroad Operation - road work) in Minnesota is $8.29 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $41,450 in base premium.
Rate per $100 $8.29
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 100%
Confidence HIGH
FAQ
What is the workers comp rate for code 6703 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 6703 (Railroad Operation - road work) in Minnesota is $8.29 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 6703 on $500,000 of payroll?
At $8.29 per $100, $500,000 of payroll yields a base premium of $41,450 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 6703?
UT has the cheapest filed rate for code 6703 ($1.43) and MN the highest ($8.29). Minnesota sits at the 100th percentile across 15 peer states.