Stevedoring - N.O.C. workers comp rate in Michigan
The filed workers comp rate for class code 7050 M (Stevedoring - N.O.C.) in Michigan is $2.92 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $14,600 in base premium.
Rate per $100 $2.92
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 11%
Confidence HIGH
FAQ
What is the workers comp rate for code 7050 M in Michigan?
The filed workers comp loss cost / rate for NCCI class code 7050 M (Stevedoring - N.O.C.) in Michigan is $2.92 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 7050 M on $500,000 of payroll?
At $2.92 per $100, $500,000 of payroll yields a base premium of $14,600 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7050 M?
VA has the cheapest filed rate for code 7050 M ($1.72) and HI the highest ($7.56). Michigan sits at the 11th percentile across 18 peer states.