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Workers' Compensation Insurance

Class Code 2587

Towel Supply Co. & Route Supervisors

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Martin Summers

Insurance Agent

Class code 2587 is used for employees that work for a towel supply company, including route drivers. Job duties may include such things as collecting soiled linens such as towels, coats, or aprons, transporting these to a laundry to be cleaned and pressed, and delivering clean linens to customers. In addition, various other duties may be required, such as sorting, counting, mending, or wrapping the linens for delivery.

Because some companies choose to add machine embroidery to their linens for decorative or identification purposes, this is also included in class code 2587. Embroidery done must be directly related to the towel and linen supply business, and cannot be done apart from it to qualify for this classification.

Florida Rates for Class Code 2587

2014 Rate: $3.29
2013 Rate: $4.39

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 2587, this rate change resulted in a 33.4% decrease from 2013 to 2014. The 2014 rate for this classification is 3.29 dollars for every 100 dollars of remuneration. With the decrease in rates this year, the 2014 rate is 12% below the 2003 rate of 4.99 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

  • 2501 for embroidery operations

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