Workers' Compensation Insurance

Class Code 5443


Author Information

Martin Summers

Insurance Agent

Class code 5443 is used for employees that work for lathing operations, including drivers. The scope of this classification consists of both interior and exterior lathing work, performed as a support system to which plaster or stucco are applied to. Work generally involves the nailing of thin wood or metal strips to joists or studs, as well as cleanup operations. Metal lathing, which is used for concrete reinforcement purposes, is excluded from class code 5443, as well as the actual application of stucco or plaster to the lathed surface. When classifying workers to this class code, it is also important to follow the extra-territorial classification guidelines for each worker to ensure that they are properly classified.

Florida Rates for Class Code 5443

2014 Rate: $5.40
2013 Rate: $5.76

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 5443, this rate change resulted in a 6.7% decrease from 2013 to 2014. The 2014 rate for this classification is 5.40 dollars for every 100 dollars of remuneration. With the decrease in rates this year, the 2014 rate is 62.1% below the 2003 rate of 15.21 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

  • 5022 for masonry, NOC
  • 5403 for carpentry, NOC

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