Freight Handling - Manual workers comp rate in Michigan
The filed workers comp rate for class code 7098 M (Freight Handling - Manual) in Michigan is $5.95 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $29,750 in base premium.
Rate per $100 $5.95
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 78%
Confidence HIGH
FAQ
What is the workers comp rate for code 7098 M in Michigan?
The filed workers comp loss cost / rate for NCCI class code 7098 M (Freight Handling - Manual) in Michigan is $5.95 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 7098 M on $500,000 of payroll?
At $5.95 per $100, $500,000 of payroll yields a base premium of $29,750 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7098 M?
OR has the cheapest filed rate for code 7098 M ($1.22) and IL the highest ($19.59). Michigan sits at the 78th percentile across 18 peer states.