Workers' Compensation Insurance

Class Code 3064

Metal Sign Manufacturing

Author Information

Martin Summers

Insurance Agent

Class code 3064 is used for employees that work within a shop facility that manufactures metal or neon signs. Products made under the scope of this classification will include tack-up style signs, made of metal, that use the silk screen method of printing, as well as neon signs. Work that employees may perform includes shaping and bending glass tubes, filling tubes with gas, operating machinery that prints signs, as well as packaging and shipping functions. Operations that are similar in nature, but that should be separately classified, include sign installation, maintenance, repair, or removal services.

Florida Rates for Class Code 3064

2014 Rate: $7.60
2013 Rate: $8.90

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 3064, this rate change resulted in a 17.1% decrease from 2013 to 2014. The 2014 rate for this classification is 7.60 dollars for every 100 dollars of remuneration. With the decrease in rates this year, the 2014 rate is 38.5% below the 2003 rate of 14.46 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

  • 9521 for home furnishings installation & upholstering, NOC
  • 9554 for sign installation, maintenance, repair, removal, or replacement, NOC – away from shop

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