Retail Store - Building Material workers comp rate in Minnesota
The filed workers comp rate for class code 8235 (Retail Store - Building Material) in Minnesota is $3.65 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $18,250 in base premium.
Rate per $100 $3.65
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 85%
Confidence HIGH
FAQ
What is the workers comp rate for code 8235 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 8235 (Retail Store - Building Material) in Minnesota is $3.65 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 8235 on $500,000 of payroll?
At $3.65 per $100, $500,000 of payroll yields a base premium of $18,250 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8235?
UT has the cheapest filed rate for code 8235 ($0.880) and NJ the highest ($7.83). Minnesota sits at the 85th percentile across 20 peer states.