Retail Stores - N.O.C. workers comp rate in Minnesota
The filed workers comp rate for class code 8002 (Retail Stores - N.O.C.) in Minnesota is $0.870 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $4,350 in base premium.
Rate per $100 $0.870
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 39%
Confidence HIGH
FAQ
What is the workers comp rate for code 8002 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 8002 (Retail Stores - N.O.C.) in Minnesota is $0.870 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 8002 on $500,000 of payroll?
At $0.870 per $100, $500,000 of payroll yields a base premium of $4,350 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8002?
UT has the cheapest filed rate for code 8002 ($0.450) and HI the highest ($2.00). Minnesota sits at the 39th percentile across 18 peer states.