Trucking - Owner Operators workers comp rate in Maryland
The filed workers comp rate for class code 7398 M (Trucking - Owner Operators) in Maryland is $5.49 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $27,450 in base premium.
Rate per $100 $5.49
Rate type loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 94%
Confidence HIGH
FAQ
What is the workers comp rate for code 7398 M in Maryland?
The filed workers comp loss cost / rate for NCCI class code 7398 M (Trucking - Owner Operators) in Maryland is $5.49 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 7398 M on $500,000 of payroll?
At $5.49 per $100, $500,000 of payroll yields a base premium of $27,450 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7398 M?
KY has the cheapest filed rate for code 7398 M ($1.63) and NV the highest ($12.14). Maryland sits at the 94th percentile across 18 peer states.