Retail Clothing Store workers comp rate in Minnesota
The filed workers comp rate for class code 8032 (Retail Clothing Store) in Minnesota is $1.26 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $6,300 in base premium.
Rate per $100 $1.26
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 77%
Confidence HIGH
FAQ
What is the workers comp rate for code 8032 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 8032 (Retail Clothing Store) in Minnesota is $1.26 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 8032 on $500,000 of payroll?
At $1.26 per $100, $500,000 of payroll yields a base premium of $6,300 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8032?
UT has the cheapest filed rate for code 8032 ($0.350) and CA the highest ($5.14). Minnesota sits at the 77th percentile across 22 peer states.