Retail Store - Farm Machinery workers comp rate in Maryland
The filed workers comp rate for class code 8233 (Retail Store - Farm Machinery) in Maryland is $1.22 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $6,100 in base premium.
Rate per $100 $1.22
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 28%
Confidence HIGH
FAQ
What is the workers comp rate for code 8233 in Maryland?
The filed workers comp loss cost / rate for NCCI class code 8233 (Retail Store - Farm Machinery) in Maryland is $1.22 per $100 of payroll, effective 2024-01-01.
How much would I pay in Maryland for code 8233 on $500,000 of payroll?
At $1.22 per $100, $500,000 of payroll yields a base premium of $6,100 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8233?
UT has the cheapest filed rate for code 8233 ($0.620) and HI the highest ($4.41). Maryland sits at the 28th percentile across 18 peer states.