Class Code 3385 Rates & Quotes

Watch Manufacturing

Class code 3385 is used for employees that work within a facility that manufactures watches and clocks. Products may be traditional, containing gears and springs, or electronic, getting their power from batteries or wall outlet plugs. Self winding and manual winding devices are both included under the scope of this classification as well. The manufacturing of these products will begin with metals received from others, and may include gold, silver, steel, and certain alloys. Operations performed to the metal (whether in sheet, bar, tubular, or wire form) may include casting, punching, blanking, turning, grinding, heat-treating, and plating, depending on the process. Once ready for assembly, the metals will be combined with other pre-made materials like fasteners, gems, electric cords, watchbands, and watch cases to form the final product. Paints, lacquers, and thinners may also be required as well. Businesses that sell watches and clocks would not be included, and should be classified separately.

Class code 3385 is not limited to only watches and clocks, though, and can include other trades that use small tools to do precision bench work. Examples of included duties are generally related to the repair of things such as cameras, projectors, and precision photographic equipment.

Florida Rates for Class Code 3385

2022 Rate Get Quote: Click Here

2021 Rate: Click Here

2020 Rate: $0.75

2019 Rate: $0.78

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 3385 is 0.75 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 3385 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.