Trucking - Logging workers comp rate in Minnesota
The filed workers comp rate for class code 7225 (Trucking - Logging) in Minnesota is $4.27 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $21,350 in base premium.
Rate per $100 $4.27
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 50%
Confidence HIGH
FAQ
What is the workers comp rate for code 7225 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 7225 (Trucking - Logging) in Minnesota is $4.27 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 7225 on $500,000 of payroll?
At $4.27 per $100, $500,000 of payroll yields a base premium of $21,350 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). Minnesota sits at the 50th percentile across 18 peer states.