Jewelry Salespersons workers comp rate in Minnesota
The filed workers comp rate for class code 8721 (Jewelry Salespersons) in Minnesota is $0.180 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $900 in base premium.
Rate per $100 $0.180
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 65%
Confidence HIGH
FAQ
What is the workers comp rate for code 8721 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 8721 (Jewelry Salespersons) in Minnesota is $0.180 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 8721 on $500,000 of payroll?
At $0.180 per $100, $500,000 of payroll yields a base premium of $900 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8721?
UT has the cheapest filed rate for code 8721 ($0.050) and NV the highest ($0.490). Minnesota sits at the 65th percentile across 17 peer states.