Michigan · Compensation Advisory Organization

Jewelry Stores workers comp rate in Michigan

The filed workers comp rate for class code 8013 (Jewelry Stores) in Michigan is $0.170 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $850 in base premium.

Rate per $100 $0.170
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 36%
Confidence HIGH

FAQ

What is the workers comp rate for code 8013 in Michigan?

The filed workers comp loss cost / rate for NCCI class code 8013 (Jewelry Stores) in Michigan is $0.170 per $100 of payroll, effective 2024-01-01.

How much would I pay in Michigan for code 8013 on $500,000 of payroll?

At $0.170 per $100, $500,000 of payroll yields a base premium of $850 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.

Where else can I see code 8013?

UT has the cheapest filed rate for code 8013 ($0.080) and CA the highest ($1.02). Michigan sits at the 36th percentile across 22 peer states.