Draftsmen workers comp rate in Minnesota
The filed workers comp rate for class code 8606 (Draftsmen) in Minnesota is $1.08 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $5,400 in base premium.
Rate per $100 $1.08
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 53%
Confidence HIGH
FAQ
What is the workers comp rate for code 8606 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 8606 (Draftsmen) in Minnesota is $1.08 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 8606 on $500,000 of payroll?
At $1.08 per $100, $500,000 of payroll yields a base premium of $5,400 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8606?
UT has the cheapest filed rate for code 8606 ($0.290) and NJ the highest ($2.50). Minnesota sits at the 53th percentile across 19 peer states.