Retail Store - Shoe workers comp rate in Maryland
The filed workers comp rate for class code 8072 (Retail Store - Shoe) in Maryland is $0.280 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $1,400 in base premium.
Rate per $100 $0.280
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 33%
Confidence HIGH
FAQ
What is the workers comp rate for code 8072 in Maryland?
The filed workers comp loss cost / rate for NCCI class code 8072 (Retail Store - Shoe) in Maryland is $0.280 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 8072 on $500,000 of payroll?
At $0.280 per $100, $500,000 of payroll yields a base premium of $1,400 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8072?
UT has the cheapest filed rate for code 8072 ($0.190) and IL the highest ($0.721). Maryland sits at the 33th percentile across 18 peer states.