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Workers' Compensation Insurance

Class Code 8107

Machinery Dealer NOC

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Martin Summers

Insurance Agent

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

2014 Rate: $4.61
2013 Rate: $4.70

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 8107, this rate change resulted in a 2% decrease from 2013 to 2014. The 2014 rate for this classification is 4.61 dollars for every 100 dollars of remuneration. With the decrease in rates this year, the 2014 rate is 58% below the 2003 rate of 11.18 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

  • 8742 for outside salespersons
  • 8810 for clerical office employees
  • 8116 for farm machinery dealers
  • 9534 for mobile crane leasing or rental service contractors
  • 8204 for oil or gas well supplies or equipment dealers – used

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