FL Workers Comp
Class Codes (By Number With Description)

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FL workers comp class codes are four digit numbers assigned by The National Council on Compensation Insurance (NCCI). Florida workers compensation classification codes contain your industries injury rates & are used to determine your base premium cost.

Florida Workers Compensation Classification Codes

FL Workers Comp Class Codes

So what are FL workers com class codes? Florida Department of Labor and Employment uses workers compensation classification codes created by the National Council on Compensation Insurance (NCCI), an organization that according to them: "gathers data, analyzes industry trends, and provides objective insurance rate and loss cost recommendations."

According to WikipediA: The NCCI annually collects data covering more than four million workers compensation claims and two million policies. The bureau uses this information to provide:

For example, for a roofer, tree trimmer, or demolition company, the cost could be $17 per $100 in payroll, or even higher. On the other hand, the cost to cover a attorney, accountant or real estate agent could be under $0.20 per $100 of their payroll. So, for an employee that earns $40,000 a year, a blue collar contracting company could pay around $6800, where a white collar business may pay just $80. It all depends on the risk or injury associated with the code.

Workers Compensation Insurance Information

According to the Florida Department of Financial Services, Workers' Compensation Division, workers' compensation is a type of insurance coverage that employers must provide for their employees in the following industries:

Workers' compensation benefits are based on the date of injury. The law covers all accidental injuries and occupational diseases arising out of and in the course and scope of employment. This includes diseases or infections resulting from such injuries. The law also covers death resulting from such injuries within specified periods of time. Even if you do not think an injury is covered, you must still file the First Report of Injury or Illness (DWC-1) with your insurance carrier for determination of responsibility within 7 days of your first knowledge of the accident/injury.

Since the laws change through the years, there may be different benefits depending on when you were injured. If you are injured on the job, you should know that papers need to be filed correctly and within the right number of days. You must follow all rules and procedures or you might not get all the benefits you may be entitled to receive.

How Much Does Florida Workers' Compensation Insurance Cost?

The cost of Workers' Compensation insurance in FL is based upon 3 primary factors:

Premium discounts may also be available to employers. Two of the more common discounts include a 2% discount for a workplace safety program and a 5% discount for a drug free workplace program. Each of these programs must be renewed every year in order to receive the discount.

For more info including coverages and cost you can check out this article on: workers compensation insurance.

FL Workers Compensation Classification Codes List

FL workers comp class codes - some of the most searched class codes are:

... because the cost for workers comp base premiums are lower in these classes than most others.

Following is a list of the FL workers comp class codes. Both the code and class description are listed in numerical order:

Workers Comp Insurance Articles

If you are looking for more information on workers compensation: Florida Workers Compensation For Restaurants.

Further Reading On Worker's Comp Insurance

Workers Compensation Insurance Class Codes

If you are looking for state specific Workers Comp Insurance class codes, costs and information: California Workers Compensation Insurance, Colorado Workers Compensation Insurance, Delaware Workers Compensation Insurance, Florida Workers Compensation Insurance, Illinois Workers Compensation Insurance,Florida Workers Compensation Insurance, New Jersey Workers Compensation Insurance, New York Workers Compensation Insurance, Oregon Workers Compensation Insurance, Pennsylvania Workers Compensation Insurance, Texas Workers Compensation Insurance.

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