Agriculture, Forestry, And Fishing
- SIC Division A - For Commercial Insurance

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Learn about Agriculture, Forestry, And Fishing - SIC Division A - For Commercial Insurance. Insurance companies use SIC codes to classify your industry and calculate your premiums. See the class descriptions that fall under this primary SIC Division for business insurance underwriting and cost purposes.

Agriculture, Forestry, And Fishing - SIC Division A - For Commercial Insurance

Agriculture, Forestry, And Fishing - SIC Division A - For Commercial Insurance

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

If so, then your business classification falls under Agriculture, Forestry, And Fishing - SIC Division A - For Commercial Insurance. Insurance companies use SIC codes to identify customers by industry code.

SIC Division codes help insurers with several analytical processes involving marketing, underwriting, exclusions, loss control, forms, pricing and other operations.

Division A - Agriculture, Forestry, And Fishing - SIC Manual

This division includes establishments primarily engaged in agricultural production, forestry, commercial fishing, hunting and trapping, and related services.

The classification of agricultural production covers establishments (e.g., farms, ranches, dairies, greenhouses, nurseries, orchards, hatcheries) primarily engaged in the production of crops, plants, vines, or trees (excluding forestry operations); and the keeping, grazing, or feeding of livestock for the sale of livestock or livestock products (including serums), for livestock increase, or for value increase. Livestock as used here includes cattle, sheep, goats, hogs, and poultry. Also included are animal specialties, such as horses, rabbits, bees, pets, fur-bearing animals in captivity, and fish in captivity. Agricultural production also includes establishments primarily engaged in the operation of sod farms, cranberry bogs, and poultry hatcheries; in the production of mushrooms, bulbs, flower seeds, and vegetable seeds; and in the growing of hydroponic crops.

Farms are the establishment units generally utilized for the purpose of industrial classification of agricultural production. 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 classification of agricultural services includes establishments primarily engaged in supplying soil preparation services, crop services, landscape and horticultural services, veterinary and other animal services, and farm labor and management services.

The classification of forestry covers establishments primarily engaged in the operation of timber tracts, tree farms, or forest nurseries; in the gathering of forest products; or in performing forestry services. Logging establishments are classified in Manufacturing, Industry 2411.

The classification of fishing and hunting and trapping covers establishments primarily engaged in commercial fishing (including shellfish and marine products); in operating fish hatcheries and fish and game preserves; and in commercial hunting and trapping.

Establishments which produce agricultural commodities and sell them directly to the general public for personal or household consumption are classified in Major Groups 01 and 02.

How SIC Classifications Effect Your Commercial Insurance Cost

But how does your Agriculture, Forestry, And Fishing - SIC Division A - For Commercial Insurance classification affect your premium and insurance cost? Insurers selling commercial insurance use SIC codes in many ways - to analyze and classify the businesses they insure, or choose not insure. Some small business SIC code classifications can result in you paying higher premiums for your business insurance. It is important that your business is classified properly.

SIC Major Group Structure

Following is a list of the Major Group codes and titles for Agriculture, Forestry, And Fishing - SIC Division A - For Commercial Insurance. Let's look at some of the the SIC codes under your classification:

Agriculture, Forestry, And Fishing - SIC Division A - For Commercial Insurance

We hope this information on Agriculture, Forestry, And Fishing - SIC Division A - For Commercial Insurance has been helpful. Your classification determines how much you pay for your business insurance and more.

More SIC Division Codes

Agriculture, Forestry, And Fishing, Construction, Finance, Insurance, And Real Estate, Manufacturing, Mining, Public Administration, Retail Trade, Services, Transportation, Communications, Electric, Gas, And Sanitary Services, Wholesale Trade

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