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Workers' Compensation Insurance

Class Code 4034

Concrete Products Manufacturing

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Martin Summers

Insurance Agent

Class code 4034 is used for employees that work in the shop or yard position for a permanent facility that manufactures concrete products as a commercial enterprise. The lining of pipes with concrete is also included. Examples of things made under this classification would include, but not be limited to, concrete blocks, bricks, beams, sewer pipes, tile, poles, piles, patio blocks, roofing tiles, lawn ornaments, garden furniture, grills, sills, ornamental figures, architectural units, modular homes, coffins, caskets, burial vaults, concrete panels, or other similar products. Employee jobs will vary in scope, but may include such things as receiving sand, gravel, mesh wire, cinders, cement, and aggregates from others, mixing raw materials with water, feeding mixtures into molds or forming machines, inserting rods or mesh wire for strength, steam drying or curing finished products, and inspecting final creation before distribution. Drivers are also included in this classification and may deliver products as required.

While manufacture and delivery is included in the scope of class code 4034, there are some exclusions to be aware of. First, employees in this classification may not participate in the setting up or erecting of products in any manner. In addition, those who create concrete products on a construction site should also be separately classified.

Florida Rates for Class Code 4034

2014 Rate: $10.82
2013 Rate: $11.68

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 4034, this rate change resulted in a 7.9% decrease from 2013 to 2014. The 2014 rate for this classification is 10.82 dollars for every 100 dollars of remuneration. With the decrease in rates this year, the 2014 rate is 49% below the 2003 rate of 22.89 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

  • 8232 for building materials dealers
  • 2799 for manufactured, modular, or prefabricated home setup, hookup, or installation

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