Freight Handling - Mechanical workers comp rate in Maryland
The filed workers comp rate for class code 7099 M (Freight Handling - Mechanical) in Maryland is $6.09 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $30,450 in base premium.
Rate per $100 $6.09
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 7099 M in Maryland?
The filed workers comp loss cost / rate for NCCI class code 7099 M (Freight Handling - Mechanical) in Maryland is $6.09 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 7099 M on $500,000 of payroll?
At $6.09 per $100, $500,000 of payroll yields a base premium of $30,450 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7099 M?
VA has the cheapest filed rate for code 7099 M ($1.96) and IL the highest ($27.69). Maryland sits at the 44th percentile across 18 peer states.