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Purpose of the Classification System. What is a Classification Code, and Who maintains the Classification Code System? Why and How do we Classify a Business? What are the Basic and Standard Exception Classification Codes? How do we identify a Governing Class Code? How do Class Codes impact Premium Calculations?
8742 is not a clerical type classification code such as 8810. If the employee delivers any of the material being sold, Class Code 8742 would likely not apply. This Standard Exception code can cover many types of jobs, even sports agents. Florida and Massachusetts are the only two states that do not recognize this classification code.
Code 8742 is applied to outside salespersons or collectors. Since these employees are common to many businesses, they are considered to be Standard Exceptions.
FL workers comp class codes are four digit numbers assigned by The National Council on Compensation Insurance (NCCI). Florida workers compensation classification codes contain your industries injury rates & are used to determine your base premium cost.
Here's a summary of how to determine workers' comp codes: Step 1: Check the workers’ compensation certificate. Step 2: Find out who sets class codes and rates. Step 3: Look up governing classification code. Step 4: Look up additional class codes. Below we explain each of these steps in depth.
A searchable list of NCCI Florida workers compensation industry class codes, rates, and exclusive analytics reports used in commercial business insurance.
Class Code 8742 is a frequently misapplied work comp classification code. 8742 is assigned to Outside Sales & Collectors and often applied to other activities "by analogy." As a result, its application or reclassification is subject of many disputes.
