Workers' Compensation Insurance

Class Code 8291

Storage Warehouse – Cold

Author Information

Martin Summers

Insurance Agent

Class code 8291 is used for employees that work in a cold warehouse storage facility, or other storage facility that offers refrigeration services. Operations that qualify for this classification do not have any equity in the products that they store and their primary business will be in managing the warehouse location, maintaining equipment, as well as receiving, safekeeping, and releasing of the products for shipment. Products stored may vary greatly, but may include such things as meats, fruits, and vegetables. Additionally, the incidental repackaging of products is also allowed under class code 8291.

Similar operations that are excluded from this class code are drivers that engage exclusively in pickup or delivery, cold storage locker operations for private individuals, and any employee that sorts, grades, or delivers products.

Florida Rates for Class Code 8291

2014 Rate: $4.54
2013 Rate: $5.71

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 8291, this rate change resulted in a 25.8% decrease from 2013 to 2014. The 2014 rate for this classification is 4.54 dollars for every 100 dollars of remuneration. With the decrease in rates this year, the 2014 rate is 50.1% below the 2003 rate of 11.45 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

  • 7380 for drivers, NOC
  • 8031 for cold storage locker operation – frozen food

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