Question 1

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

Accepted Answer

The current rate for Marine Transportation (Class Code 7327) in Minnesota is $13.50 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $6750 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Minnesota?

Accepted Answer

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

Question 3

How does Minnesota's rate compare to other states?

Accepted Answer

Minnesota's rate for Marine Transportation is $13.50, which is $0.16 above the national average of $13.34 (+1%).

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
Minnesota (current)	$13.50	—
Indiana	$9.75	-3.75
Texas	$10.25	-3.25
Virginia	$10.38	-3.12
Utah	$10.63	-2.87
Arkansas	$11.00	-2.50

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

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