Question 1

How much does workers' comp cost for Storage Warehouse in Minnesota?

Accepted Answer

The current rate for Storage Warehouse (Class Code 8293) in Minnesota is $5.13 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $2565 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 Storage Warehouse is $5.13, which is $0.06 above the national average of $5.07 (+1%).

Question 4

What does class code 8293 cover?

Accepted Answer

Covers employees of storage warehouse facilities providing public and private storage services.

State	Rate per $100	Difference
Minnesota (current)	$5.13	—
Indiana	$3.71	-1.42
Texas	$3.89	-1.24
Virginia	$3.94	-1.19
Utah	$4.04	-1.09
Arkansas	$4.18	-0.95

Workers' Comp Rate for Storage Warehouse in Minnesota (Class Code 8293)

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