Bus Company - Local workers comp rate in Michigan
The filed workers comp rate for class code 7350 F (Bus Company - Local) in Michigan is $9.00 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $45,000 in base premium.
Rate per $100 $9.00
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 100%
Confidence HIGH
FAQ
What is the workers comp rate for code 7350 F in Michigan?
The filed workers comp loss cost / rate for NCCI class code 7350 F (Bus Company - Local) in Michigan is $9.00 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 7350 F on $500,000 of payroll?
At $9.00 per $100, $500,000 of payroll yields a base premium of $45,000 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7350 F?
UT has the cheapest filed rate for code 7350 F ($1.62) and MI the highest ($9.00). Michigan sits at the 100th percentile across 20 peer states.