Taxicab Company workers comp rate in Michigan
The filed workers comp rate for class code 7337 M (Taxicab Company) in Michigan is $5.17 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $25,850 in base premium.
Rate per $100 $5.17
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 83%
Confidence HIGH
FAQ
What is the workers comp rate for code 7337 M in Michigan?
The filed workers comp loss cost / rate for NCCI class code 7337 M (Taxicab Company) in Michigan is $5.17 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 7337 M on $500,000 of payroll?
At $5.17 per $100, $500,000 of payroll yields a base premium of $25,850 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7337 M?
UT has the cheapest filed rate for code 7337 M ($1.54) and NV the highest ($5.81). Michigan sits at the 83th percentile across 18 peer states.