Retail Bakery workers comp rate in Michigan
The filed workers comp rate for class code 8045 (Retail Bakery) in Michigan is $0.360 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $1,800 in base premium.
Rate per $100 $0.360
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 32%
Confidence HIGH
FAQ
What is the workers comp rate for code 8045 in Michigan?
The filed workers comp loss cost / rate for NCCI class code 8045 (Retail Bakery) in Michigan is $0.360 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 8045 on $500,000 of payroll?
At $0.360 per $100, $500,000 of payroll yields a base premium of $1,800 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8045?
UT has the cheapest filed rate for code 8045 ($0.150) and IL the highest ($1.04). Michigan sits at the 32th percentile across 19 peer states.