Retail workers compensation in Minnesota
Retail businesses in Minnesota pay a median rate of $1.58 per $100 of payroll, ranging from $0.070 to $4.31. The national median for Retail is $1.26, so Minnesota sits 25% above the national average. 49 unique NCCI class codes are filed in this state for Retail occupations. Verified 2026-05-09.
Top Retail class codes in Minnesota
The class codes most likely to apply to a Retail operation in Minnesota, sorted from cheapest to most expensive per $100 of payroll. Click into any code for the full state-by-state rate comparison.
| Code | Occupation | Rate per $100 | Confidence |
|---|---|---|---|
| 8013 | Jewelry Stores | $0.240 | HIGH |
| 8008 | Drug Stores | $0.730 | HIGH |
| 8726 S | Retail Salespersons | $0.790 | HIGH |
| 8017 | Store, retail NOC | $0.870 | HIGH |
| 8006 | Hardware Stores | $1.17 | HIGH |
| 8102 | Retail Store - Meat, Fish | $1.24 | HIGH |
| 8031 | Liquor Stores | $1.25 | HIGH |
| 8032 | Retail Clothing Store | $1.26 | HIGH |
| 8001 | Wholesale Stores - N.O.C. | $1.33 | HIGH |
| 8039 | Retail Hardware Store | $1.33 | HIGH |
Minnesota compliance for Retail employers
Coverage threshold
Employers with one or more employees must carry workers' compensation insurance.
1099 vs W-2 in Retail
Minnesota uses an 'economic realities' test to determine worker classification, regardless of 1099 status; misclassification can lead to penalties.
Owner exclusion
Allowed in Minnesota. Sole proprietor self-coverage optional; LLC member self-coverage optional.
Max weekly benefit
$1,537 at 66.67% of average weekly wage, effective 2025-10-01.
Statute of limitations
3 years from injury date in Minnesota.
Audit window
Minnesota carriers audit payroll within 90 days of policy expiration. Keep Retail payroll segregated by class code and have job-duty documentation ready.
Cross-cite: full Minnesota workers comp overview · Retail cross-state rate comparison · Minnesota workers comp lawyer guide · Minnesota settlement chart
Estimate your Retail premium in Minnesota
Pre-filled to Retail and Minnesota. Adjust payroll to see a real premium range from filed rates.
Estimate your workers comp premium
Pick your industry, state, and annual payroll. Range comes from real rate filings.
Estimated annual premium for Retail in Minnesota
$350to$21,550
Median: $7,925 · Rate range $0.070 to $4.31 per $100 payroll
Industry median across all states
$6,315
Cheapest states for Retail
- Utah $0.480
- Tennessee $0.780
- Virginia $0.782
Most expensive
- New Jersey $4.73
- California $3.37
- Pennsylvania $2.31
Estimate based on 24 states of rate-filing data. Actual premium also reflects experience modifier, schedule credits, and carrier underwriting.
Filing checklist for Retail businesses in Minnesota
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Step 1, Confirm coverage threshold
Employers with one or more employees must carry workers' compensation insurance. For Retail operations, this typically applies once you make a first W-2 hire, even part-time.
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Step 2, Pick the right class code
Retail businesses typically use codes like 8726, 1925, 2002. The wrong code can cost 4 to 10x more or get reclassified at audit. In Minnesota, the cheapest code on this list is 8013 at $0.240 and the most expensive is 8039 at $1.33.
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Step 3, Get a quote
SFM Mutual Insurance Company is one option in Minnesota; private carriers (Travelers, Hartford, Liberty Mutual, AmTrust) also write coverage. Schedule credits up to 25% are typical for low-loss accounts.
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Step 4, Document subcontractors
General contractors are responsible for ensuring subcontractors carry workers' compensation or may be held liable for their employees' injuries. Retail operators with crews of 1099s should keep certificates of insurance for every sub, otherwise the GC absorbs the sub liability at audit.
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Step 5, Annual audit
Carriers audit payroll within 90 days of policy expiration. Have payroll segregated by class code, job descriptions on file, and overtime properly excluded from rated payroll. Retail class allocation can shift if any worker spends more than 50% of time on a different code.
Retail workers comp FAQs in Minnesota
What is the typical workers comp rate for Retail in Minnesota?
Retail employers in Minnesota pay a median rate of $1.58 per $100 of payroll, with rates ranging from $0.070 to $4.31 depending on the specific class code. The national median across all states for Retail is $1.26, so Minnesota sits about 25% above the national average.
How many Retail class codes are filed in Minnesota?
Minnesota has 49 unique NCCI class codes filed for Retail occupations, drawn from 50 state-class code rate cells in our dataset. The most common codes include 8726 (Retail Salespersons), 1925 (Retail Bakery), 2002 (Retail Meat/Fish Dealer).
Are Retail 1099 contractors covered by workers comp in Minnesota?
Minnesota uses an 'economic realities' test to determine worker classification, regardless of 1099 status; misclassification can lead to penalties.
What is the maximum weekly benefit for an injured Retail worker in Minnesota?
Minnesota caps weekly workers comp benefits at $1,537 (effective 2025-10-01), calculated as 66.67% of the average weekly wage. Retail workers are subject to the same statutory cap as workers in any other industry.
How long does a Retail worker have to file a comp claim in Minnesota?
The statute of limitations in Minnesota is 3 years from the date of injury. Most claims also require notice to the employer within 30 days. Retail workers should report any incident on the date it happens, even minor strains, because cumulative trauma claims can fail without contemporaneous documentation.
Can a Retail business owner exclude themselves from comp coverage in Minnesota?
Yes, Minnesota allows business owners (sole proprietors, partners, LLC members, corporate officers) to file an exclusion election. Retail owner-operators often elect out to keep premium below the minimum. Sole-proprietor self-coverage is not required, and LLC member self-coverage is not required.