Local Bus Company workers comp rate in Michigan
The filed workers comp rate for class code 7152 M (Local Bus Company) in Michigan is $7.94 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $39,700 in base premium.
Rate per $100 $7.94
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 7152 M in Michigan?
The filed workers comp loss cost / rate for NCCI class code 7152 M (Local Bus Company) in Michigan is $7.94 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 7152 M on $500,000 of payroll?
At $7.94 per $100, $500,000 of payroll yields a base premium of $39,700 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7152 M?
KY has the cheapest filed rate for code 7152 M ($2.07) and MI the highest ($7.94). Michigan sits at the 100th percentile across 16 peer states.