Boat Building workers comp rate in Michigan
The filed workers comp rate for class code 6845 F (Boat Building) in Michigan is $4.39 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $21,950 in base premium.
Rate per $100 $4.39
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 89%
Confidence HIGH
FAQ
What is the workers comp rate for code 6845 F in Michigan?
The filed workers comp loss cost / rate for NCCI class code 6845 F (Boat Building) in Michigan is $4.39 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 6845 F on $500,000 of payroll?
At $4.39 per $100, $500,000 of payroll yields a base premium of $21,950 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). Michigan sits at the 89th percentile across 19 peer states.