Store - Wholesale NOC
Michigan Workers' Compensation Class Code 8018 • NCCI • Effective 2025-01-01
Current Rate
$2.70
per $100 of payroll
NCCI 2025-01-01
What is Class Code 8018?
Class code 8018 covers wholesale store operations not otherwise classified, including wholesale clubs and cash-and-carry wholesale operations. Work involves operating forklifts and pallet jacks, stocking high-bay shelving, managing large merchandise, and serving business customers. Hazards include forklift operations, high-shelf stocking, and heavy merchandise handling.
Who is Covered Under This Code?
Warehouse associates, forklift operators, stock clerks, and cashiers.
Tips to Reduce Your Premium
- Forklift safety is the top priority for wholesale operations
- High-reach equipment training is required for high-bay stocking
- Pedestrian-forklift separation programs reduce struck-by incidents
Rate Comparison by State
Frequently Asked Questions
What is workers comp class code 8018?
Class code 8018 covers wholesale store operations not otherwise classified, including wholesale clubs and cash-and-carry wholesale operations. Work involves operating forklifts and pallet jacks, stocking high-bay shelving, managing large merchandise, and serving business customers. Hazards include forklift operations, high-shelf stocking, and heavy merchandise handling.
What is the workers comp rate for class code 8018 in Michigan?
The current workers' compensation rate for class code 8018 in Michigan is $2.70 per $100 of payroll, as set by NCCI effective 2025-01-01. Your actual premium will also depend on your experience modification factor (EMR) and the carrier you choose.
Who is covered under class code 8018?
Warehouse associates, forklift operators, stock clerks, and cashiers.
How can I reduce my workers comp premium for class code 8018 in Michigan?
Forklift safety is the top priority for wholesale operations High-reach equipment training is required for high-bay stocking Pedestrian-forklift separation programs reduce struck-by incidents
Do I need workers comp insurance for employees classified under code 8018 in Michigan?
Yes. Michigan requires most employers to carry workers' compensation insurance for their employees. Class code 8018 employees must be covered. Penalties for non-compliance in Michigan can be severe, including stop-work orders and fines. Contact Bright Coast Insurance at (239) 228-8029 for a fast, competitive quote.
Rates shown are advisory loss costs or assigned risk rates as of the effective date listed. Your actual workers' compensation premium will depend on your specific payroll, experience modification factor (EMR), carrier selection, and other underwriting factors. Contact Bright Coast Insurance for an accurate quote tailored to your business.
Premium Estimator
Enter your annual payroll to estimate your base premium for code 8018 in MI.
Quick Facts
- Class Code
- 8018
- State
- Michigan
- Rate per $100
- $2.70
- Rating Org
- NCCI
- Effective
- 2025-01-01
Related Class Codes
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