Security Guard Company workers comp rate in Minnesota
The filed workers comp rate for class code 7708 (Security Guard Company) in Minnesota is $15.43 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $77,150 in base premium.
Rate per $100 $15.43
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
Confidence HIGH
FAQ
What is the workers comp rate for code 7708 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 7708 (Security Guard Company) in Minnesota is $15.43 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 7708 on $500,000 of payroll?
At $15.43 per $100, $500,000 of payroll yields a base premium of $77,150 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.