Ship Building workers comp rate in Minnesota
The filed workers comp rate for class code 6872 F (Ship Building) in Minnesota is $4.02 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $20,100 in base premium.
Rate per $100 $4.02
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 57%
Confidence HIGH
FAQ
What is the workers comp rate for code 6872 F in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 6872 F (Ship Building) in Minnesota is $4.02 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 6872 F on $500,000 of payroll?
At $4.02 per $100, $500,000 of payroll yields a base premium of $20,100 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). Minnesota sits at the 57th percentile across 21 peer states.