Retail Store - Discount Store workers comp rate in Michigan
The filed workers comp rate for class code 8209 (Retail Store - Discount Store) in Michigan is $1.76 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $8,800 in base premium.
Rate per $100 $1.76
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 33%
Confidence HIGH
Source quote
"Class Code 8209 1.76"
From Compensation Advisory Organization, effective 2024-01-01.
FAQ
What is the workers comp rate for code 8209 in Michigan?
The filed workers comp loss cost / rate for NCCI class code 8209 (Retail Store - Discount Store) in Michigan is $1.76 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 8209 on $500,000 of payroll?
At $1.76 per $100, $500,000 of payroll yields a base premium of $8,800 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8209?
UT has the cheapest filed rate for code 8209 ($0.880) and CA the highest ($6.13). Michigan sits at the 33th percentile across 21 peer states.