Trucking - Parcel Delivery workers comp rate in Michigan
The filed workers comp rate for class code 7216 (Trucking - Parcel Delivery) 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
Confidence HIGH
FAQ
What is the workers comp rate for code 7216 in Michigan?
The filed workers comp loss cost / rate for NCCI class code 7216 (Trucking - Parcel Delivery) in Michigan is $7.94 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 7216 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.