Trucking - Drivers & Helpers workers comp rate in Michigan
The filed workers comp rate for class code 7395 M (Trucking - Drivers & Helpers) in Michigan is $1.65 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $8,250 in base premium.
Rate per $100 $1.65
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 44%
Confidence HIGH
Source quote
"Class Code 7395M 1.65"
From Compensation Advisory Organization, effective 2024-01-01.
FAQ
What is the workers comp rate for code 7395 M in Michigan?
The filed workers comp loss cost / rate for NCCI class code 7395 M (Trucking - Drivers & Helpers) in Michigan is $1.65 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 7395 M on $500,000 of payroll?
At $1.65 per $100, $500,000 of payroll yields a base premium of $8,250 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7395 M?
TN has the cheapest filed rate for code 7395 M ($1.03) and NV the highest ($9.88). Michigan sits at the 44th percentile across 18 peer states.