Maryland · National Council on Compensation

Cotton Warehousing workers comp rate in Maryland

The filed workers comp rate for class code 8291 (Cotton Warehousing) in Maryland is $1.54 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $7,700 in base premium.

Rate per $100 $1.54
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-01-01
vs peers 32%
Confidence HIGH

FAQ

What is the workers comp rate for code 8291 in Maryland?

The filed workers comp loss cost / rate for NCCI class code 8291 (Cotton Warehousing) in Maryland is $1.54 per $100 of payroll, effective 2024-01-01.

How much would I pay in Maryland for code 8291 on $500,000 of payroll?

At $1.54 per $100, $500,000 of payroll yields a base premium of $7,700 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.

Where else can I see code 8291?

UT has the cheapest filed rate for code 8291 ($0.730) and HI the highest ($5.43). Maryland sits at the 32th percentile across 22 peer states.