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Workers' Compensation Insurance

Class Code 6252

Shaft Sinking

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Martin Summers

Insurance Agent

Class code 6252 is used for employees that perform all operations necessary for shaft sinking duties, including pile driving, excavation, concrete work or lining, as well as contractors who do pneumatic caisson work. Work under this classification may be completed for bridge footings, piers, or foundations and even includes employees working under air pressure. Specific tasks that are commonly completed by workers in this classification include, but are not limited to, removal of earth from a hole with a small diameter but a lengthy depth, driving wooden or steel sheeting unto the shaft to prevent cave-ins, and the pouring of concrete as needed. Additionally, class code 6252 is also used to classify specialty contractors that are involved in non-pneumatic cofferdam work. Examples of duties within this scope are construction, maintenance, or removal of the cofferdam. When classifying workers to this class code, it is important to follow the extra-territorial classification guidelines for each worker to ensure that they are properly classified.

Florida Rates for Class Code 6252

2014 Rate: $6.25
2013 Rate: $6.97

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 6252, this rate change resulted in a 11.5% decrease from 2013 to 2014. The 2014 rate for this classification is 6.25 dollars for every 100 dollars of remuneration. With the decrease in rates this year, the 2014 rate is 66.4% below the 2003 rate of 20.76 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.

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