Class Code 8107 Rates & Quotes

Machinery Dealer NOC

Class code 8107 is used for employees that work for a dealer of machinery, not otherwise classified. Examples of products that may be sold under operations within this classification include, but are not limited to, new or used forklift trucks, conveyors, push hand trucks, heavy woodworking machinery, chain saws, stone crushers, printing or bookbinding machinery, ice making machinery, textile machinery, gasoline service station equipment, logging equipment, construction machinery, and oil or gas well equipment (new only). Work may be performed in a shop or store setting, as long as it is not rated in another class code. Commonly performed jobs include things like waiting on customers, handling parts, taking physical inventories, demonstration of products (both on and off the premises), ordering of machinery, and delivering machinery to customers.

Class code 8107 includes a variety of workers, but there are some closely related exclusions that should be separately classified. These include clerical workers, exclusive outside sales representatives, farm machinery dealers, mobile crane leasing or rental service contractors, and anyone who erects, installs, and assembles/disassembles machinery.

Florida Rates for Class Code 8107

2022 Rate Get Quote: Click Here

2021 Rate: Click Here

2020 Rate: $3.39

2019 Rate: $3.65

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 8107 is 3.39 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.

Other Related Class Codes

*This description of class code 8107 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.