Residential Property Management workers comp rate in Minnesota
The filed workers comp rate for class code 8738 (Residential Property Management) in Minnesota is $0.310 per $100 of payroll , effective 2024-07-15. On $500,000 of payroll, that's roughly $1,550 in base premium.
Rate per $100 $0.310
Rate type pure_premium
Authority MWCIA
Effective 2024-07-15
vs peers 79%
Confidence HIGH
FAQ
What is the workers comp rate for code 8738 in Minnesota?
The filed workers comp loss cost / rate for NCCI class code 8738 (Residential Property Management) in Minnesota is $0.310 per $100 of payroll, effective 2024-07-15.
How much would I pay in Minnesota for code 8738 on $500,000 of payroll?
At $0.310 per $100, $500,000 of payroll yields a base premium of $1,550 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 8738?
UT has the cheapest filed rate for code 8738 ($0.110) and NV the highest ($0.650). Minnesota sits at the 79th percentile across 14 peer states.