Freight Handling - Mechanical workers comp rate in Michigan
The filed workers comp rate for class code 7099 M (Freight Handling - Mechanical) in Michigan is $7.51 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $37,550 in base premium.
Rate per $100 $7.51
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 61%
Confidence HIGH
FAQ
What is the workers comp rate for code 7099 M in Michigan?
The filed workers comp loss cost / rate for NCCI class code 7099 M (Freight Handling - Mechanical) in Michigan is $7.51 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 7099 M on $500,000 of payroll?
At $7.51 per $100, $500,000 of payroll yields a base premium of $37,550 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). Michigan sits at the 61th percentile across 18 peer states.