Log Trucking workers comp rate in Michigan
The filed workers comp rate for class code 8387 (Log Trucking) in Michigan is $1.36 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $6,800 in base premium.
Rate per $100 $1.36
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 43%
Confidence HIGH
FAQ
What is the workers comp rate for code 8387 in Michigan?
The filed workers comp loss cost / rate for NCCI class code 8387 (Log Trucking) in Michigan is $1.36 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 8387 on $500,000 of payroll?
At $1.36 per $100, $500,000 of payroll yields a base premium of $6,800 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8387?
OK has the cheapest filed rate for code 8387 ($1.28) and NJ the highest ($4.73). Michigan sits at the 43th percentile across 7 peer states.