Michigan · Compensation Advisory Organization

Wholesale Stores - N.O.C. workers comp rate in Michigan

The filed workers comp rate for class code 8001 (Wholesale Stores - N.O.C.) in Michigan is $1.20 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $6,000 in base premium.

Rate per $100 $1.20
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 8001 in Michigan?

The filed workers comp loss cost / rate for NCCI class code 8001 (Wholesale Stores - N.O.C.) in Michigan is $1.20 per $100 of payroll, effective 2024-01-01.

How much would I pay in Michigan for code 8001 on $500,000 of payroll?

At $1.20 per $100, $500,000 of payroll yields a base premium of $6,000 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.

Where else can I see code 8001?

UT has the cheapest filed rate for code 8001 ($0.560) and CA the highest ($5.62). Michigan sits at the 41th percentile across 22 peer states.