Maryland · National Council on Compensation

Ship Building workers comp rate in Maryland

The filed workers comp rate for class code 6872 F (Ship Building) in Maryland is $2.43 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $12,150 in base premium.

Rate per $100 $2.43
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 19%
Confidence HIGH

FAQ

What is the workers comp rate for code 6872 F in Maryland?

The filed workers comp loss cost / rate for NCCI class code 6872 F (Ship Building) in Maryland is $2.43 per $100 of payroll, effective 2024-01-01.

How much would I pay in Maryland for code 6872 F on $500,000 of payroll?

At $2.43 per $100, $500,000 of payroll yields a base premium of $12,150 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.

Where else can I see code 6872 F?

UT has the cheapest filed rate for code 6872 F ($1.77) and PA the highest ($17.58). Maryland sits at the 19th percentile across 21 peer states.