Interurban Bus Company workers comp rate in Michigan
The filed workers comp rate for class code 7151 M (Interurban Bus Company) in Michigan is $5.66 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $28,300 in base premium.
Rate per $100 $5.66
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 100%
Confidence HIGH
FAQ
What is the workers comp rate for code 7151 M in Michigan?
The filed workers comp loss cost / rate for NCCI class code 7151 M (Interurban Bus Company) in Michigan is $5.66 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 7151 M on $500,000 of payroll?
At $5.66 per $100, $500,000 of payroll yields a base premium of $28,300 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7151 M?
UT has the cheapest filed rate for code 7151 M ($1.19) and MI the highest ($5.66). Michigan sits at the 100th percentile across 16 peer states.