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Workers' Compensation Insurance

Class Code 8745

News Agent - Not Retail Dealer

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Martin Summers

Insurance Agent

Class code 8745 is used for employees that work for a news agent or magazine/periodical distributor that sells to retail locations. Operations within this classification will act as a wholesale dealer, and be involved in the sale and delivery of bulk orders that are received from publishers. Job duties will vary from employee to employee but may include such things as receiving media from others, sorting, bundling, and separating large quantities of media into smaller orders, and delivering these orders to customers by truck.

Any business that operates in a retail capacity would be excluded from class code 8745, including newsstands, cigar stands, and retail establishments selling to the general public. Also excluded from this classification is anyone that delivers media, such as newspapers, magazines, advertisements, samples, telephone directories, etc. house to house.

Florida Rates for Class Code 8745

2014 Rate: $7.59
2013 Rate: $7.69

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 8745, this rate change resulted in a 1.3% decrease from 2013 to 2014. The 2014 rate for this classification is 7.59 dollars for every 100 dollars of remuneration. With the decrease in rates this year, the 2014 rate is 7.5% 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.

Other Related Class Codes

  • 7380 for drivers, chauffeurs, and their helpers
  • 8017 for retail stores, NOC

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