2. Worker's Compensation
3. Insurers and Self-Insurers
4. 2003 Insurance Rate Comparisons

2003 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	$3.05	$5.65	$5.40	$6.08
2710	Sawmills	13.46	*	30.70	21.74
2802	Carpentry Shop	5.59	11.41	5.83	9.55
2883	Furniture Mfg. -Wood	5.32	*	6.17	7.33
3066	Sheet Metal Work Shop	6.35	8.67	9.17	8.96
3076	Fireproof Equipment Mfg.	4.46	5.96	5.74	7.44
3081	Foundry-Iron	6.08	9.26	8.95	11.57
3082	Foundry-Steel Castings	7.55	8.87	16.16	14.25
3085	Foundry-Non-Ferrous Metals	6.38	8.05	8.30	8.71
3179	Electrical Apparatus Mfg.	4.50	4.23	3.46	5.44
3400	Metal Goods Mfg.	5.83	8.38	6.24	7.66
3507	Agricultural Machinery Mfg.	5.19	5.65	6.91	11.03
3612	Pump & Engine Mfg.	4.42	4.77	4.85	6.65
3632	Machine Shops	4.20	5.85	6.12	7.18
3643	Electric Power-Trans. Equip.	3.20	4.17	3.46	8.20
3685	Instrument Mfg.	2.06	2.29	2.04	3.33
3808	Auto Mfg. or Assembly	7.61	7.31	5.47	8.46
4239	Paper Mfg.	3.03	5.25	6.19	9.18
4244	Corrugated Container Mfg.	3.75	7.22	6.07	7.93
4299	Printing	3.09	4.00	5.09	5.53
4484	Plastics Mfg.- Molded Products	4.09	5.83	6.67	5.63
4693	Surgical & Pharmaceutical Mfg.	1.67	3.21	3.38	3.14
AVERAGE		$5.04	$6.30	$7.40	$8.40

*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.