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Workers' Compensation Insurance

Class Code 4484

Plastics Manufacturing: Molded Products NOC

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Martin Summers

Insurance Agent

Class code 4484 is used for employees that work within a facility that manufactures molded plastic products, not otherwise classified. These products may be made using various, non-chemical, processes, such as injection or compression molding, as well as all die making and machining, finishing, assembling, and forming operations that may be required. Raw materials are received from others and will generally be in the form of powders, granules, pellets, and liquids. Machinery, tools, and equipment used within this classification will usually include, but is not limited to, mold cavities, low or high pressure hydraulic devices, hoppers, hydraulic rams, heating chambers, and laminating materials and machinery. In addition, class code 4484 also includes the manufacture or assembly of plastic dolls or doll parts, fiberglass items (such as bottles, doors, fish tanks, pools, or tubs), metal parts from powdered metals (not otherwise classified), and all types of non-metal buttons.

Other similar areas that are excluded from class code 4484 and that should be separately rated include the manufacturing of leather goods, plastic bags, computerized plastic signs, vinyl bags, vinyl shoes, vinyl gloves, metal buttons, fabricated plastic products, and any plastic product that is manufactured using a chemical process.

Florida Rates for Class Code 4484

2014 Rate: $4.56
2013 Rate: $5.28

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 4484, this rate change resulted in a 15.8% decrease from 2013 to 2014. The 2014 rate for this classification is 4.56 dollars for every 100 dollars of remuneration. With the decrease in rates this year, the 2014 rate is 48.5% below the 2003 rate of 10.26 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

  • 2688 for leather goods manufacturing, NOC
  • 4273 for plastic bag manufacturing
  • 2683 for vinyl bag manufacturing
  • 4452 for plastics manufacturing – fabricated products, NOC
  • 4459 for plastics manufacturing – sheets, rods, tubes
  • 4299 for plastic sign manufacturing – computerized
  • 2670 for vinyl glove manufacturing
  • 2660 for vinyl shoe manufacturing

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