Class code 0035 is used for employees that work at an acreage or facility focused on raising and selling potted house plants, fresh cut flowers, and flower bulbs. Facilities that raise and harvest annuals, perennials, or other bedding plants also qualify for this Code. This Code applies to both retail and wholesale transactions conducted at the farm location.
Code 0035 also includes the planting, cultivating, fertilizing, watering, trimming, potting, repotting, transplanting, and harvesting of plants in a field or greenhouse. Subsequent grading, sorting, packing, and shipping of these botanical products is also covered. Vegetables grown by hydroponic means, using a water solution with dissolved inorganic nutrients, also falls into this classification code.
Florida Rates for Class Code 0035
Each workers' compensation class code in Florida has a unique rate assigned to it based on the likelihood of workplace injuries for the group of employees throughout the state that are assigned to that class code. Click this link for more information about the ratemaking process. The rates used in Florida workers comp insurance were increased in 2014 by an average of 6.1% by the Florida Office of Insurance Regulation.
For class code 0035, this rate change resulted in a 1.4% increase from 2013 to 2014. The 2014 rate for this classification is 3.50 dollars for every 100 dollars of remuneration. Even with the increase in rates this year, the 2014 rate is still 57.2% below the 2003 rate of 8.06 dollars.
Despite the manual rates being set by the Florida government for workers comp class codes, there are still ways that employers can lower their overall workers compensation costs and total premium. Our insurance agents would like the opportunity to discuss these premium discounts and other cost savings measures with your business. Contact us today to receive competitive quotes for your business.