Retail Department Store workers comp rate in Maryland
The filed workers comp rate for class code 8037 (Retail Department Store) in Maryland is $0.810 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $4,050 in base premium.
Rate per $100 $0.810
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 41%
Confidence HIGH
FAQ
What is the workers comp rate for code 8037 in Maryland?
The filed workers comp loss cost / rate for NCCI class code 8037 (Retail Department Store) in Maryland is $0.810 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 8037 on $500,000 of payroll?
At $0.810 per $100, $500,000 of payroll yields a base premium of $4,050 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8037?
TN has the cheapest filed rate for code 8037 ($0.510) and IL the highest ($1.90). Maryland sits at the 41th percentile across 17 peer states.