Trucking - Logging workers comp rate in Maryland
The filed workers comp rate for class code 7225 (Trucking - Logging) in Maryland is $4.54 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $22,700 in base premium.
Rate per $100 $4.54
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 67%
Confidence HIGH
Source quote
"CLASS CODE 7225 LOSS COST 4.54"
From National Council on Compensation, effective 2024-01-01.
FAQ
What is the workers comp rate for code 7225 in Maryland?
The filed workers comp loss cost / rate for NCCI class code 7225 (Trucking - Logging) in Maryland is $4.54 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 7225 on $500,000 of payroll?
At $4.54 per $100, $500,000 of payroll yields a base premium of $22,700 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7225?
UT has the cheapest filed rate for code 7225 ($1.50) and IL the highest ($7.21). Maryland sits at the 67th percentile across 18 peer states.