Maryland · National Council on Compensation

Boat Building workers comp rate in Maryland

The filed workers comp rate for class code 6845 F (Boat Building) in Maryland is $1.13 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $5,650 in base premium.

Rate per $100 $1.13
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 5%
Confidence HIGH

FAQ

What is the workers comp rate for code 6845 F in Maryland?

The filed workers comp loss cost / rate for NCCI class code 6845 F (Boat Building) in Maryland is $1.13 per $100 of payroll, effective 2024-01-01.

How much would I pay in Maryland for code 6845 F on $500,000 of payroll?

At $1.13 per $100, $500,000 of payroll yields a base premium of $5,650 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.

Where else can I see code 6845 F?

MD has the cheapest filed rate for code 6845 F ($1.13) and MN the highest ($5.24). Maryland sits at the 5th percentile across 19 peer states.