Question 1

How much does workers' comp cost for Marine Transportation in Michigan?

Accepted Answer

The current rate for Marine Transportation (Class Code 7327) in Michigan is $14.00 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $7000 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Michigan?

Accepted Answer

Yes, workers' compensation insurance is mandatory in Michigan for all employers with at least one employee.

Question 3

How does Michigan's rate compare to other states?

Accepted Answer

Michigan's rate for Marine Transportation is $14.00, which is $0.66 above the national average of $13.34 (+5%).

Question 4

What does class code 7327 cover?

Accepted Answer

Covers workers operating marine vessels for passenger and cargo transportation on waterways.

State	Rate per $100	Difference
Michigan (current)	$14.00	—
Indiana	$9.75	-4.25
Texas	$10.25	-3.75
Virginia	$10.38	-3.62
Utah	$10.63	-3.37
Arkansas	$11.00	-3.00

Workers' Comp Rate for Marine Transportation in Michigan (Class Code 7327)

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