Retail Store - Tire workers comp rate in Michigan
The filed workers comp rate for class code 8232 (Retail Store - Tire) in Michigan is $2.33 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $11,650 in base premium.
Rate per $100 $2.33
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 41%
Confidence HIGH
FAQ
What is the workers comp rate for code 8232 in Michigan?
The filed workers comp loss cost / rate for NCCI class code 8232 (Retail Store - Tire) in Michigan is $2.33 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 8232 on $500,000 of payroll?
At $2.33 per $100, $500,000 of payroll yields a base premium of $11,650 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). Michigan sits at the 41th percentile across 22 peer states.