Retail Store - Shoe workers comp rate in Minnesota
The filed workers comp rate for class code 8072 (Retail Store - Shoe) in Minnesota is $0.360 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $1,800 in base premium.
Rate per $100 $0.360
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 39%
Confidence HIGH
FAQ
What is the workers comp rate for code 8072 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 8072 (Retail Store - Shoe) in Minnesota is $0.360 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 8072 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 8072?
UT has the cheapest filed rate for code 8072 ($0.190) and IL the highest ($0.721). Minnesota sits at the 39th percentile across 18 peer states.