Florida Workers Comp Specific
Class code 7855 is used for employees that are considered contractors and that perform construction operations related to the laying, relaying, and maintenance of railroad track. Work that is commonly done includes, but is not limited to, the laying of rock, ballast on the grade, the laying or relaying of ties and track, the installation of crossover frogs and switches, the erection of switch stands and switch mechanisms, the erection of cattle guards, the placing of grade crossing planks, the removal of railroad ties, the placing of additional ballast on the right-of-way, the replacing of worn ties and rails, the cutting of weeds away from the right-of-way, the digging of small drainage ditches, the filling in of small washouts, and the repairing of fences along the right-of-way.
Work that is similar in nature, but that is performed by a section crew of a railroad would be excluded from 7855, as well as similar contract work that is not performed in connection with railroad track or railway lines. 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.
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2021 Rate: Click Here
2020 Rate: $4.22
2019 Rate: $4.59
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 are adjusted annually by the Florida Office of Insurance Regulation.
The 2020 rate for class code 7855 is 4.22 dollars for every 100 dollars of remuneration.
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.
*This description of class code 7855 is a summary of the official description from NCCI that should be used for determining the correct application of a classification code for a Florida business and the groups of employees in that business. This short summary is provided as a courtesy for assisting FloridaWC's clients and potential clients in educating them about the most commonly used class codes in Florida that could be applied to their business operations. For more information about a class code, please use the contact form links below to request the official class codes descriptions from one of our insurance agents.
Florida Workers Comp Specific
2022 Florida Workers Comp Rates
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Workers compensation rates change each year. Find out whether the rates for your class codes are increasing or decreasing from last year.
The manual rates are issued by the Florida Office of Insurance Regulation after being analyzed by the National Council on Compensation Insurance (NCCI).