Agriculture, Forestry, Fishing and Hunting
- NAICS Code 11 - For Commercial Insurance

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Learn about Agriculture, Forestry, Fishing and Hunting - NAICS Code 11 - 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 code for business insurance classification purposes.

Agriculture, Forestry, Fishing and Hunting - NAICS Code 11 - For Commercial Insurance

Agriculture, Forestry, Fishing and Hunting - NAICS Code 11 - For Commercial Insurance

What's the best way to describe your company's business operations? Are you involved in the Agriculture, Forestry, Fishing and Hunting industry?

If so, then your business classification falls under Agriculture, Forestry, Fishing and Hunting - NAICS Code 11 - 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 11 - Agriculture, Forestry, Fishing and Hunting - NAICS Manual

The Agriculture, Forestry, Fishing and Hunting sector comprises establishments primarily engaged in growing crops, raising animals, harvesting timber, and harvesting fish and other animals from a farm, ranch, or their natural habitats.

The establishments in this sector are often described as farms, ranches, dairies, greenhouses, nurseries, orchards, or hatcheries. A farm may consist of a single tract of land or a number of separate tracts which may be held under different tenures. For example, one tract may be owned by the farm operator and another rented. It may be operated by the operator alone or with the assistance of members of the household or hired employees, or it may be operated by a partnership, corporation, or other type of organization. When a landowner has one or more tenants, renters, croppers, or managers, the land operated by each is considered a farm.

The sector distinguishes two basic activities: agricultural production and agricultural support activities. Agricultural production includes establishments performing the complete farm or ranch operation, such as farm owner-operators and tenant farm operators. Agricultural support activities include establishments that perform one or more activities associated with farm operation, such as soil preparation, planting, harvesting, and management, on a contract or fee basis.

Excluded from the Agriculture, Forestry, Fishing and Hunting sector are establishments primarily engaged in agricultural research and establishments primarily engaged in administering programs for regulating and conserving land, mineral, wildlife, and forest use. These establishments are classified in Industry 54171, Research and Development in the Physical, Engineering, and Life Sciences; and Industry 92412, Administration of Conservation Programs, respectively.

How NAICS Classifications Effects Your Commercial Insurance Cost

But how does your Agriculture, Forestry, Fishing and Hunting - NAICS Code 11 - 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 Sector Structure

Following is a list of all the codes and titles. If the title is linked you can drill down for more information:

Agriculture, Forestry, Fishing and Hunting - NAICS Code 11 - For Commercial Insurance

We hope this information on how insurance companies use NAICS codes has been helpful. Your classification determines how much you pay for your commercial insurance and much more.

More NAICS Sector Codes

Agriculture, Forestry, Fishing and Hunting, Mining, Utilities, Construction, Manufacturing, Wholesale Trade, Transportation and Warehousing, Information, Finance and Insurance, Real Estate Rental and Leasing, Professional, Scientific, and Technical Services, Management of Companies and Enterprises, Administrative and Support and Waste Management and Remediation Services, Educational Services, Health Care and Social Assistance, Arts, Entertainment, and Recreation, Accommodation and Food Services, Other Services (except Public Administration), Public Administration

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