2001 INSURANCE RATE COMPARISONS

The rates listed for Michigan, Minnesota and Illinois are assigned risk rates only. Individual insurance companies and specific corporations assign their own rate. In Wisconsin the rates are uniform. Wisconsin rates are effective July 1, 2002. Michigan rates are effective January 1, 2001. Illinois rates are effective January 1, 2002. Minnesota rates are effective April 1, 2002.

RATES REPRESENT ACTUAL COST PER $100 OF PAYROLL

CODE

DESCRIPTION

WI

MI

MN

IL

2111

Canneries

$ 2.50

$6.45

$4.85

$ 5.30

2710

Sawmills

11.89

----*

30.29

20.06

2802

Carpentry Shop

4.77

9.65

5.26

9.60

2883

Furniture Mfg. -Wood

4.95

----*

5.11

6.41

3066

Sheet Metal Work Shop

5.35

8.52

8.54

8.08

3076

Fireproof Equipment Mfg.

3.99

6.26

5.33

7.22

3081

Foundry-Iron

4.92

9.05

8.98

11.31

3082

Foundry-Steel Castings

7.71

7.81

13.44

12.94

3085

Foundry-Non-Ferrous Metals

4.92

8.56

6.84

8.88

3179

Electrical Apparatus Mfg.

3.55

4.52

3.31

5.20

3400

Metal Goods Mfg.

5.12

9.09

6.17

6.60

3507

Agricultural Machinery Mfg.

3.99

7.33

6.70

9.18

3612

Pump & Engine Mfg.

3.73

4.11

4.87

5.63

3632

Machine Shops

3.49

5.28

5.93

6.31

3643

Electric Power-Trans. Equip.

2.83

4.15

3.31

6.17

3685

Instrument Mfg.

1.58

2.61

1.94

2.95

3808

Auto Mfg. or Assembly

6.55

7.54

5.04

7.14

4239

Paper Mfg.

2.56

4.73

6.46

7.13

4244

Corrugated Container Mfg.

3.49

6.92

4.82

6.98

4299

Printing

2.70

3.87

4.58

4.98

4484

Plastics Mfg.- Molded Products

3.71

6.25

6.38

5.22

4693

Surgical & Pharmaceutical Mfg.

1.51

3.71

3.17

2.66

AVERAGE

$4.35

$6.32

$6.87

$7.54

*Codes 2710 and 2883 are not available in MI

This chart is produced by the Wisconsin Department of Workforce Development, Worker's Compensation Division-Bureau of Insurance Programs in cooperation with the Wisconsin Compensation Rating Bureau.