Cotton Warehousing workers comp rate in Minnesota
The filed workers comp rate for class code 8291 (Cotton Warehousing) in Minnesota is $2.21 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $11,050 in base premium.
Rate per $100 $2.21
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 73%
Confidence HIGH
FAQ
What is the workers comp rate for code 8291 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 8291 (Cotton Warehousing) in Minnesota is $2.21 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 8291 on $500,000 of payroll?
At $2.21 per $100, $500,000 of payroll yields a base premium of $11,050 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). Minnesota sits at the 73th percentile across 22 peer states.