How are workers comp codes determined?
How are workers comp codes determined?
Insurance Agent – Workers compensation class codes can be initially assigned by an insurance agent who provides workers compensation insurance to the employer in question. The agent will typically ask qualifying questions of the employer to try and determine exactly what operations the employer’s business performs.
What is an SIC code in workers compensation?
A Workers Compensation Resource Page – Search for Your Business SIC Classification. The Standard Industrial Classification (abbreviated ‘SIC’) is a United States government system for classifying industries by a (4) four-digit code.
What is workers compensation class code 9101?
9101 – College/Schools-All Other Employees – Campus Security and CPFM trade. Direct labor and supervision who are engaged in the care, custody, security and maintenance of your college or school buildings, grounds, and equipment.
What is a worker comp code?
Workers’ compensation class codes identify categories of work to help insurance companies better understand their customers. These codes allow companies to categorize areas of work based on an estimated amount of risk. This allows insurance companies to accurately determine workers’ compensation coverage costs.
What is workers comp code 8742?
Classification 8742, Salespersons – outside, applies to employees who spend 100% of their work time in the field, calling customers, and performing activities to promote their employer’s business.
What is class code 8017?
Class Code 8017 | Retail Store Retail store insurance is a very broad class of business. It is the most common class code for most retail stores that sell many different varieties 1of general merchandise. Class code 8017 applies to all stores that are not classified under another code as a specialty store.
What are workers comp standard exception codes?
8810 – Clerical
What are work Comp Insurance class codes?
Workers compensation class codes are codes that the insurance companies use to identify specific categories of work . For instance, you know a contractor supervisor by his title, however, an insurance company knows him as “5606”.
What is the workers comp code?
Workers compensation code 8810 refers to administrative and clerical work. This code is the same throughout the United States, including the monopolistic ones. In most cases, this is the least expensive code, as it is associated with the lowest risk.
What is workers comp code 8869?
Code 8869 is applicable to professional employees of child day care centers. Child day care centers assume care, custody and control of children for various periods of time during the day. These children may be brought to the day care center or taken home from the center by their parents, employees of the center or independent transportation services.
How are workers comp codes determined? Insurance Agent – Workers compensation class codes can be initially assigned by an insurance agent who provides workers compensation insurance to the employer in question. The agent will typically ask qualifying questions of the employer to try and determine exactly what operations the employer’s business performs. What is an…