Waterworks Company workers comp rate in Michigan
The filed workers comp rate for class code 7515 (Waterworks Company) in Michigan is $0.530 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $2,650 in base premium.
Rate per $100 $0.530
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 41%
Confidence HIGH
FAQ
What is the workers comp rate for code 7515 in Michigan?
The filed workers comp loss cost / rate for NCCI class code 7515 (Waterworks Company) in Michigan is $0.530 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 7515 on $500,000 of payroll?
At $0.530 per $100, $500,000 of payroll yields a base premium of $2,650 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7515?
UT has the cheapest filed rate for code 7515 ($0.170) and HI the highest ($1.68). Michigan sits at the 41th percentile across 22 peer states.