Ship Scrapping workers comp rate in Michigan
The filed workers comp rate for class code 6826 F (Ship Scrapping) in Michigan is $2.34 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $11,700 in base premium.
Rate per $100 $2.34
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 67%
Confidence HIGH
FAQ
What is the workers comp rate for code 6826 F in Michigan?
The filed workers comp loss cost / rate for NCCI class code 6826 F (Ship Scrapping) in Michigan is $2.34 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 6826 F on $500,000 of payroll?
At $2.34 per $100, $500,000 of payroll yields a base premium of $11,700 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 6826 F?
UT has the cheapest filed rate for code 6826 F ($0.830) and NJ the highest ($8.85). Michigan sits at the 67th percentile across 21 peer states.