Minnesota · MWCIA

School Bus Company workers comp rate in Minnesota

The filed workers comp rate for class code 7153 (School Bus Company) in Minnesota is $3.33 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $16,650 in base premium.

Rate per $100 $3.33
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 100%
Confidence HIGH

FAQ

What is the workers comp rate for code 7153 in Minnesota?

The filed workers comp loss cost / rate for NCCI class code 7153 (School Bus Company) in Minnesota is $3.33 per $100 of payroll, effective 2024-07-15.

How much would I pay in Minnesota for code 7153 on $500,000 of payroll?

At $3.33 per $100, $500,000 of payroll yields a base premium of $16,650 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.

Where else can I see code 7153?

UT has the cheapest filed rate for code 7153 ($0.670) and MN the highest ($3.33). Minnesota sits at the 100th percentile across 14 peer states.