Workers' Compensation Insurance

Class Code 7383

College Or School: School Bus Drivers

Author Information

Martin Summers

Insurance Agent

Class code 7383 is used for employees that work as a driver or a garage employee for a public school board or private school within the state of Florida. This would include those employed in this capacity by traditional schools, as well as colleges and universities. Employees within the scope of this classification would generally be responsible for operating commercial school bus vehicles and other related tasks that relate to the transportation of students.

Anyone who is employed by independent contractors and not a direct employee of the school board or private school would be classified separately and excluded from class code 7383.

Florida Rates for Class Code 7383

2014 Rate: $6.58
2013 Rate: $6.99

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 7383, this rate change resulted in a 6.2% decrease from 2013 to 2014. The 2014 rate for this classification is 6.58 dollars for every 100 dollars of remuneration. With the decrease in rates this year, the 2014 rate is 41.5% below the 2003 rate of 11.95 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

  • 7382 for bus companies, not employed by the school

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