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Workers' Compensation Insurance

Class Code 8111

Plumbing Supplies Dealer

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Martin Summers

Insurance Agent

Class code 8111 is used for employees that work for a dealer which sells plumbers’ supplies, including drivers. This would include both retail and wholesale dealers whose primary merchandise is related to gas, steam, or hot water equipment and other various functions of the plumbing trade. Examples of products sold under this classification would be piping (including steel, cast iron, plastic, and copper), pipe fittings (including elbows, tees, caps, plugs, nipples, etc), residential pumps, pipe clamps, gaskets, flux, washers, screws, nuts, bolts, various plumbers’ tools, faucets, bathtubs, commodes, stoves, hot water heaters, wash basins, shower stalls and fixtures, domestic laundry equipment, and hot water or steam heating equipment complete with furnace piping and radiators.

Exclusions to class code 8111 would be any operation that manufactures plumbing supplies or tools or those selling merchandise not related to the plumbing trade.

Florida Rates for Class Code 8111

2014 Rate: $2.37
2013 Rate: $3.15

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 8111, this rate change resulted in a 32.9% decrease from 2013 to 2014. The 2014 rate for this classification is 2.37 dollars for every 100 dollars of remuneration. With the decrease in rates this year, the 2014 rate is 62.1% below the 2003 rate of 8.31 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.

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