Workers' Compensation Insurance

Class Code 8013

Store: Jewelry

Author Information

Martin Summers

Insurance Agent

Class code 8013 is used for employees that work in a jewelry store, including wholesale, retail, or a combination of the two. Stores that fall within the scope of this classification are those whose primary business is selling jewelry, whether precious or costume, like rings, bracelets, necklaces, earrings, watches, lockets, charms, pendants, brooches, etc. Some non-jewelry items may also be sold in these stores, such as clocks, leather goods, chinaware, or giftware. Employees working under this class code will engage in activities like polishing or cutting precious stones, repairing, cleaning, and engraving jewelry, as well as different aspects of selling and customer service operations. In addition, those employed by an optical store, with the exception of anyone who surface grinds lenses to a prescription, or a hearing aid dealer are also included within class code 8013.

Stores that deal primarily in non-jewelry items (more than 49% of their gross receipts) are excluded from this classification, as well as coin or precious metal dealers or retail stores. If a business is simply a jewelry, watch, or clock repair store and does not sell this merchandise as their principal business, it should be classified separately as well. Operations that manufacture jewelry would also be excluded.

Florida Rates for Class Code 8013

2014 Rate: $0.71
2013 Rate: $0.78

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 8013, this rate change resulted in a 9.9% decrease from 2013 to 2014. The 2014 rate for this classification is 0.71 dollars for every 100 dollars of remuneration. With the decrease in rates this year, the 2014 rate is 55.9% below the 2003 rate of 1.77 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

  • 3383 for jewelry repair and manufacturing
  • 3385 for watch or clock repair and manufacturing
  • 8017 for non jewelry stores, NOC
  • 8018 for non jewelry stores, NOC

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