Learn about Administrative and Support and Waste Management and Remediation Services – NAICS Code 56 – For Commercial Insurance. Insurance companies use NAICS codes to classify your industry and calculate your premiums. See all the six digit codes that fall under this primary NAICS class code for business insurance underwriting and cost purposes.
Administrative and Support and Waste Management and Remediation Services – NAICS Code 56 – For Commercial Insurance
What’s the best way to describe your company’s business operations? Are you involved in the Administrative and Support and Waste Management and Remediation Services industry?
If so, then your business classification falls under Administrative and Support and Waste Management and Remediation Services – NAICS Code 56 – For Commercial Insurance. Insurance companies use NAICS codes to identify customers by industry code.
The NAICS sector code is a six digit number: the first two digits designate the largest business sector, the third digit designates the subsector, the fourth digit designates the industry group, and the fifth digit designates particular industries. The last digit designates national industries.
Sector 56 – Administrative and Support and Waste Management and Remediation Services – NAICS Manual
The Administrative and Support and Waste Management and Remediation Services sector comprises establishments performing routine support activities for the day-to-day operations of other organizations.
These essential activities are often undertaken in-house by establishments in many sectors of the economy. The establishments in this sector specialize in one or more of these support activities and provide these services to clients in a variety of industries and, in some cases, to households. Activities performed include: office administration, hiring and placing of personnel, document preparation and similar clerical services, solicitation, collection, security and surveillance services, cleaning, and waste disposal services.
The administrative and management activities performed by establishments in this sector are typically on a contract or fee basis. These activities may also be performed by establishments that are part of the company or enterprise. However, establishments involved in administering, overseeing, and managing other establishments of the company or enterprise are classified in Sector 55, Management of Companies and Enterprises.
Establishments in Sector 55, Management of Companies and Enterprises, normally undertake the strategic and organizational planning and decision-making role of the company or enterprise. Government establishments engaged in administering, overseeing, and managing governmental programs are classified in Sector 92, Public Administration.
How NAICS Classifications Effects Your Commercial Insurance Cost
But how does your Administrative and Support and Waste Management and Remediation Services – NAICS Code 56 – For Commercial Insurance classification affect your premiums and insurance cost? Insurance companies selling commercial insurance use NAICS codes in many ways – to analyze and classify the businesses they insure, or choose not insure. Some small business NAICS code classifications can result in you paying higher premiums for your business insurance. It is important that your business is classified properly.
Industry codes help insurers with several analytical processes involving marketing, underwriting, exclusions, loss control, forms, pricing and other operations. Let’s look at some of the the NAICS codes under your classification.
NAICS Structure
Following is a list of all the codes and titles. If the title is linked you can drill down for more information:
- 561110 Office Administrative Services
- 561210 Facilities Support Services
- 561311 Employment Placement Agencies
- 561312 Executive Search Services
- 561320 Temporary Help Services
- 561330 Professional Employer Organizations
- 561410 Document Preparation Services
- 561421 Telephone Answering Services
- 561422 Telemarketing Bureaus and Other Contact Centers
- 561431 Private Mail Centers
- 561439 Other Business Service Centers (including Copy Shops)
- 561440 Collection Agencies
- 561450 Credit Bureaus
- 561491 Repossession Services
- 561492 Court Reporting and Stenotype Services
- 561499 All Other Business Support Services
- 561510 Travel Agencies
- 561520 Tour Operators
- 561591 Convention and Visitors Bureaus
- 561599 All Other Travel Arrangement and Reservation Services
- 561611 Investigation Services
- 561612 Security Guards and Patrol Services
- 561613 Armored Car Services
- 561621 Security Systems Services (except Locksmiths)
- 561622 Locksmiths
- 561710 Exterminating and Pest Control Services
- 561720 Janitorial Services
- 561730 Landscaping Services
- 561740 Carpet and Upholstery Cleaning Services
- 561790 Other Services to Buildings and Dwellings
- 561910 Packaging and Labeling Services
- 561920 Convention and Trade Show Organizers
- 561990 All Other Support Services
- 562111 Solid Waste Collection
- 562112 Hazardous Waste Collection
- 562119 Other Waste Collection
- 562211 Hazardous Waste Treatment and Disposal
- 562212 Solid Waste Landfill
- 562213 Solid Waste Combustors and Incinerators
- 562219 Other Nonhazardous Waste Treatment and Disposal
- 562910 Remediation Services
- 562920 Materials Recovery Facilities
- 562991 Septic Tank and Related Services
- 562998 All Other Miscellaneous Waste Management Services
Administrative and Support and Waste Management and Remediation Services – NAICS Code 56 – For Commercial Insurance
We hope this information on Administrative and Support and Waste Management and Remediation Services – NAICS Code 56 – For Commercial Insurance has been helpful. Your classification determines how much you pay for your commercial insurance and much more.