Workers' Compensation Insurance

Class Code 0173

Farm: Berry

Author Information

Martin Summers

Insurance Agent

Class code 0173 is used for employees that work for berry farms, including those that are drivers. In order for a farm to be included in this classification, all facilities and acreage must be of the primary business of raising berries. Berries that are included are as follows: cranberries, blackberries, blueberries, raspberries, strawberries, and currants. Grape farms and vineyards are not included in this class code.

Florida Rates for Class Code 0173

2014 Rate: $0.91
2013 Rate: $1.04

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 0173, this rate change resulted in a 14.3% decrease from 2013 to 2014. The 2014 rate for this classification is 0.91 dollars for every 100 dollars of remuneration. With the decrease in rates this year, the 2014 rate is 62.2% below the 2003 rate of 2.75 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.

Other Related Class Codes

  • 0079 for vineyards

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