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Workers' Compensation Insurance

Class Code 8232

Lumberyard – New Materials Only

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Martin Summers

Insurance Agent

Class code 8232 is used for employees that work for a lumberyard that sells new building materials only, including driver, yard, and warehouse positions. These locations will engage in storing, selling, and handling a variety of building materials, such as lumber, gravel, finished millwork, masons’ supplies, crushed stone, tile, sand, cinders, builders’ hardware, roofing materials, plumbing and electrical supplies, etc. No manufacturing is allowed within the scope of this classification, and all products will be received from others in bulk and then sold to customers in smaller quantities. In addition, the mixing and bagging of concrete mixes would also be included within class code 8232. Trucks that operate to supply concrete to construction sites may also be included as long as they meet the requirements in the Basic Manual.

While this is a NOC classification and will include a variety of workers, operations that are similar but that require a different classification include coal merchants, building material yards, hay, grain, or feed dealers, sawmills, grain elevator operators, trucking companies, those who sell used lumber or salvaged building materials, as well as sash, door, or assembled millwork dealers.

Florida Rates for Class Code 8232

2014 Rate: $5.60
2013 Rate: $6.12

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 8232, this rate change resulted in a 9.3% decrease from 2013 to 2014. The 2014 rate for this classification is 5.60 dollars for every 100 dollars of remuneration. With the decrease in rates this year, the 2014 rate is 54.7% below the 2003 rate of 13.52 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

  • 7228 for trucking
  • 7229 for trucking
  • 8304 for grain elevator operation
  • 8233 for coal merchants
  • 8204 for building material yards
  • 8215 for hay, grain, or feed dealers
  • 8235 for sash, door, or assembled millwork dealers
  • 2710 for sawmill operations

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