Funeral directors workers comp rate in Michigan
The filed workers comp rate for class code 9620 (Funeral directors) in Michigan is $0.650 per $100 of payroll , effective 2024-01-01. On $500,000 of payroll, that's roughly $3,250 in base premium.
Rate per $100 $0.650
Rate type manual_rate
Authority Compensation Advisory Organization
Effective 2024-01-01
vs peers 32%
Confidence HIGH
FAQ
What is the workers comp rate for code 9620 in Michigan?
The filed workers comp loss cost / rate for NCCI class code 9620 (Funeral directors) in Michigan is $0.650 per $100 of payroll, effective 2024-01-01.
How much would I pay in Michigan for code 9620 on $500,000 of payroll?
At $0.650 per $100, $500,000 of payroll yields a base premium of $3,250 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 9620?
KS has the cheapest filed rate for code 9620 ($0.420) and CA the highest ($4.13). Michigan sits at the 32th percentile across 22 peer states.