Retail Store - Tire workers comp rate in Maryland
The filed workers comp rate for class code 8232 (Retail Store - Tire) in Maryland is $1.93 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $9,650 in base premium.
Rate per $100 $1.93
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 27%
Confidence HIGH
Source quote
"CLASS CODE 8232 LOSS COST 1.93"
From National Council on Compensation, effective 2024-01-01.
FAQ
What is the workers comp rate for code 8232 in Maryland?
The filed workers comp loss cost / rate for NCCI class code 8232 (Retail Store - Tire) in Maryland is $1.93 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 8232 on $500,000 of payroll?
At $1.93 per $100, $500,000 of payroll yields a base premium of $9,650 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8232?
UT has the cheapest filed rate for code 8232 ($0.900) and NJ the highest ($8.21). Maryland sits at the 27th percentile across 22 peer states.