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Workers' Compensation Insurance

Class Code 8203

Ice Dealer

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Martin Summers

Insurance Agent

Class code 8203 is used for employees that work for an ice manufacturer, dealer, or distribution company, including drivers. Products that may be included within the scope of this classification include ice cubes, tube ice, ice blocks, and ice cake made with automated ice making machines, as well as harvested ice. Employees will have jobs that vary, but may include things such as tending to the refrigeration compressor systems, tending to water treatment operations, overseeing the forming, freezing, and pulling of ice products, performing scoring, cutting, sawing, or crushing of ice, loading ice, creating ice sculptures, bagging or packaging products, storing ice, selling ice products to customers, and distribution operations such as delivery.

Florida Rates for Class Code 8203

2014 Rate: $7.29
2013 Rate: $7.85

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 8203, this rate change resulted in a 7.7% decrease from 2013 to 2014. The 2014 rate for this classification is 7.29 dollars for every 100 dollars of remuneration. With the decrease in rates this year, the 2014 rate is 51.1% below the 2003 rate of 16.04 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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