Trucking - Long Haul workers comp rate in Michigan
The filed workers comp rate for class code 7980 (Trucking - Long Haul) in Michigan is $1.75 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $8,750 in base premium.
Rate per $100 $1.75
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
Confidence HIGH
Source quote
"Class Code 7980 1.75"
From Compensation Advisory Organization, effective 2024-01-01.
FAQ
What is the workers comp rate for code 7980 in Michigan?
The filed workers comp loss cost / rate for NCCI class code 7980 (Trucking - Long Haul) in Michigan is $1.75 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 7980 on $500,000 of payroll?
At $1.75 per $100, $500,000 of payroll yields a base premium of $8,750 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.