Marine Salvage workers comp rate in Minnesota
The filed workers comp rate for class code 6884 (Marine Salvage) in Minnesota is $3.84 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $19,200 in base premium.
Rate per $100 $3.84
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 84%
Confidence HIGH
FAQ
What is the workers comp rate for code 6884 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 6884 (Marine Salvage) in Minnesota is $3.84 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 6884 on $500,000 of payroll?
At $3.84 per $100, $500,000 of payroll yields a base premium of $19,200 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 6884?
UT has the cheapest filed rate for code 6884 ($0.680) and NY the highest ($27.34). Minnesota sits at the 84th percentile across 19 peer states.