Mail/Package Delivery workers comp rate in Maryland
The filed workers comp rate for class code 7038 M (Mail/Package Delivery) in Maryland is $2.48 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $12,400 in base premium.
Rate per $100 $2.48
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 44%
Confidence HIGH
FAQ
What is the workers comp rate for code 7038 M in Maryland?
The filed workers comp loss cost / rate for NCCI class code 7038 M (Mail/Package Delivery) in Maryland is $2.48 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 7038 M on $500,000 of payroll?
At $2.48 per $100, $500,000 of payroll yields a base premium of $12,400 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7038 M?
TN has the cheapest filed rate for code 7038 M ($1.71) and NV the highest ($5.21). Maryland sits at the 44th percentile across 18 peer states.