Question 1

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

Accepted Answer

The current rate for Marine Transportation (Class Code 7327) in Mississippi is $12.13 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $6065 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in Mississippi?

Accepted Answer

Yes, workers' compensation insurance is mandatory in Mississippi for employers with 5 or more employees.

Question 3

How does Mississippi's rate compare to other states?

Accepted Answer

Mississippi's rate for Marine Transportation is $12.13, which is $1.21 below the national average of $13.34 (-9%).

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
Mississippi (current)	$12.13	—
Indiana	$9.75	-2.38
Texas	$10.25	-1.88
Virginia	$10.38	-1.75
Utah	$10.63	-1.50
Arkansas	$11.00	-1.13

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

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