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Workers' Compensation Insurance

Class Code 4109

Integrated Circuit Manufacturing

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Martin Summers

Insurance Agent

Florida Rates for Class Code 4109

2014 Rate: $0.64
2013 Rate: $0.85

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 4109, this rate change resulted in a 32.8% decrease from 2013 to 2014. The 2014 rate for this classification is 0.64 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.

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