Furniture Stores workers comp rate in Michigan
The filed workers comp rate for class code 8010 (Furniture Stores) in Michigan is $0.870 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $4,350 in base premium.
Rate per $100 $0.870
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 40%
Confidence HIGH
FAQ
What is the workers comp rate for code 8010 in Michigan?
The filed workers comp loss cost / rate for NCCI class code 8010 (Furniture Stores) in Michigan is $0.870 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 8010 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 8010?
UT has the cheapest filed rate for code 8010 ($0.420) and NJ the highest ($4.10). Michigan sits at the 40th percentile across 20 peer states.