Michigan · Compensation Advisory Organization

Railroad - Construction/Maintenance workers comp rate in Michigan

The filed workers comp rate for class code 7335 M (Railroad - Construction/Maintenance) in Michigan is $4.09 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $20,450 in base premium.

Rate per $100 $4.09
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 94%
Confidence HIGH

FAQ

What is the workers comp rate for code 7335 M in Michigan?

The filed workers comp loss cost / rate for NCCI class code 7335 M (Railroad - Construction/Maintenance) in Michigan is $4.09 per $100 of payroll, effective 2024-01-01.

How much would I pay in Michigan for code 7335 M on $500,000 of payroll?

At $4.09 per $100, $500,000 of payroll yields a base premium of $20,450 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.

Where else can I see code 7335 M?

TN has the cheapest filed rate for code 7335 M ($0.880) and NV the highest ($4.73). Michigan sits at the 94th percentile across 18 peer states.