Railroad Operation - shop work workers comp rate in Minnesota
The filed workers comp rate for class code 6704 (Railroad Operation - shop work) in Minnesota is $5.64 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $28,200 in base premium.
Rate per $100 $5.64
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 100%
Confidence HIGH
FAQ
What is the workers comp rate for code 6704 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 6704 (Railroad Operation - shop work) in Minnesota is $5.64 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 6704 on $500,000 of payroll?
At $5.64 per $100, $500,000 of payroll yields a base premium of $28,200 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 6704?
WA has the cheapest filed rate for code 6704 ($0.507) and MN the highest ($5.64). Minnesota sits at the 100th percentile across 16 peer states.