Flooring
Workers' Comp Coverage for Flooring Contractors
Pay as you go
Improve cashflow and reduce the potential for big audit bills.
Comparison Pricing
Get quotes from multiple insurance companies to ensure the lowest rates.
Claims Management
Our carriers have experienced claim managers to close claims quickly.
Workers' Compensation Class Codes Related to Flooring & Installation
Employees are grouped into classification codes based on what they do for their job. The National Council on Compensation Insurance (NCCI) currently utilizes nearly 800 class codes to help insurance companies categorize employees. Insurance companies create a manual rate for each class code in order to price a policy.
Properly classifying workers is an important part of the quote process. Mis-classified employers may end up paying too much for coverage or owing too much after an audit.
Class Code 5348
Flooring- Ceramic Tile
Class Code 5437
Flooring- Wood Floors
Class Code 5478
Flooring- Carpet & Laminate
Businesses primarily engaged in installing or laying a variety of flooring materials including carpet, laminate, tile, stone and hardwood surfaces. Work may be done in a commercial or residential basis. Services may include new work, additions, alterations and repairs.
Class code 5437 may include detailed trim and carpentry work as well as the installation of hardwood flooring that requires cutting, sanding and attaching of the hardwood to sub-floor surfaces.
Alternative State Class Codes for Flooring:
Sometimes a state will deviate from the industry class code recommended by NCCI. Instead of the NCCI code, they may require the utilization of a state specific class code for certain business segments.
Synonyms: plumbing, plumbers, boiler and pipe insulation, pump installation, pipe fitting, sewer cleaning, roto rooter insurance, lawn sprinkler install
How Does Workers' Comp Work?
Workers' comp coverage protects employees when injured. It makes good financial sense for both parties.
- Loss of income for employees unable to perform job duties
- Medical expenses for employees injured on the job
- Retraining expenses for employees unable to return
- Permanent injury or disability for lasting injuries
- Survivor benefits if employees are killed on the job
Coverage does not protect employers from everything. Sometimes employees and employers can be negligent.
- Injuries resulting from a violation of the law
- Incidents resulting from employees' use fo drugs or alcohol
- Injuries that did not occur in connection with the job
- Clear company policy violations
- Injuries that did not occur in connection with the job
How Much Does Flooring Insurance Cost?
The average rate our customers pay for workers’ compensation under the flooring class code is between $4.05 and $5.00 per $100 of payroll. The average cost for a general liability insurance policy is about $1,150.00.
- Work Comp is priced based on payroll
- Your state and Emod will affect your cost
- The type of flooring installed can modify rates
- Premium discounts and policy credits may apply
- GL rates for flooring are based on payroll (rated per $1000)
- Gross revenue may affect pricing
- tools and materials used matter to underwriters
- Prior clams and years in business affect pricing
- Flooring SIC codes-1747, 1751, 1752
How do I get started?
Here's what we need from you
- Business details, locations, FEIN or SSN
- Estimated annual payroll and job duties- class codes
- Claims info or loss history- if applicable
What Happens Next?
We go find for your best price
- Our software matches you with top-rated carriers
- Our agents apply and negotiate your lowest rates
- We present and recommend your best options