Class Code 2305 Rates & Quotes

Textile Fiber Manufacturing

Class code 2305 is used for employees that work in the textile manufacturing industry, specifically dealing with the production of synthetic fabrics. This is generally done through an extrusion process, involving the melting of plastic or other similar pellets. Examples of products made can include nylon, rayon, acetate, polyester, and other similar synthetic fibers. Pyroxylin manufacturing is excluded from this classification.

Those working to manufacture the rayon staple fiber, using either the viscose, acetate, cuprammonium or nitrocellulose processes, are included within the scope of class code 2305 as well. Rayon plants will also be expected to engage in primary spinning to make twisted, dried yarn. This is done using bobbin spinning machines, secondary spinning machines that add the twisting operation, and a final machine to wrap the rayon yarn onto cones in preparation for shipment and distribution.

Florida Rates for Class Code 2305

2022 Rate Get Quote: Click Here

2021 Rate: Click Here

2020 Rate: $2.28

2019 Rate: $2.14

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 are adjusted annually by the Florida Office of Insurance Regulation.

The 2020 rate for class code 2305 is 2.28 dollars for every 100 dollars of remuneration.

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

*This description of class code 2305 is a summary of the official description from NCCI that should be used for determining the correct application of a classification code for a Florida business and the groups of employees in that business. This short summary is provided as a courtesy for assisting FloridaWC's clients and potential clients in educating them about the most commonly used class codes in Florida that could be applied to their business operations. For more information about a class code, please use the contact form links below to request the official class codes descriptions from one of our insurance agents.