Workers' Comp Insurance for Retail Businesses in Michigan

Retail (NCCI 8017 NOC) is one of the lowest-risk class codes outside of office work. Specialty retail (clothing 8008, jewelry 8013, hardware 8010) may have their own codes with slight rate variation in Michigan. The Michigan workers' compensation market is governed by CAOM, and the average rate statewide is approximately $0.97 per $100 of payroll.

Avg Retail rate in MI
$1.72
per $100 payroll
$100K payroll → annual
$1,720
estimated annual premium
Michigan bureau
CAOM
Private market

Michigan requirements for retail businesses

When required: Required for employers with one or more employees working 35+ hours/week for 13+ weeks, or 3+ employees at any time.

Sole proprietors: Sole proprietors are exempt unless they elect.

Owner / officer exclusion: Officers may be excluded.

Retail class codes used in Michigan

Why retail workers' comp is tricky in Michigan

Retail with significant warehouse or stocking exposure can be reclassified — pure storefront vs warehouse distribution have very different rates.

Tips for Michigan retail stores

  • Pure storefront retail = lowest rates
  • Stockroom/warehouse exposure may trigger 8292
  • Holiday seasonal employees should be reported separately

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Retail workers' comp in other states

Rates and requirements for retail stores vary widely by state. Compare Michigan to other major markets:

Other industries in Michigan

Michigan workers' comp rates and requirements for other common industries:

More Michigan workers' comp resources