Workers' Compensation Insurance

Class Code 5192

Vending Machines – Installation, Service or Repair & Salespersons

Author Information

Martin Summers

Insurance Agent

Class code 5192 is used for employees that work for an operation that installs, services, or repairs vending or other coin operated machines, including drivers and salespersons. Operations under the scope of this classification may be storage related, performed in a shop, outside, or even at a customer’s location. Machines that qualify will be those that dispense merchandise (such as candy, gum, food, soft drinks, cigarettes, etc), provide services (such as automatic teller machines, scales, parking meters, lockers, etc.), entertain (such as pinball, juke boxes, arcade games, bowling machines, etc.) or provide for traffic control (such as toll booths, parking garage machinery, etc.). Class code 5192 is all-inclusive and includes employees that solicit business, provide storage and delivery of machines and merchandise, install, service, or repair machines, collect receipts, and replenish the machine’s stock.

Additionally, the scope of this classification also includes those operations and their employees that provide coffee, tea, or other hot beverage services. This may include the service or repair of coffeemakers as well as the sale and delivery of products in the hot beverage machines. Catering operations would always be excluded from class code 5192 and should be separately classified.

Florida Rates for Class Code 5192

2014 Rate: $3.95
2013 Rate: $4.75

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 5192, this rate change resulted in a 20.3% decrease from 2013 to 2014. The 2014 rate for this classification is 3.95 dollars for every 100 dollars of remuneration. With the decrease in rates this year, the 2014 rate is 28.8% below the 2003 rate of 6.67 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

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