Asbestos Removal - Asbestos Contractor
Florida Workers' Compensation Class Code 5473 • FWCJUA / NCCI • Effective 2025-01-01
Current Rate
$5.65
per $100 of payroll
FWCJUA / NCCI 2025-01-01
What is Class Code 5473?
Class code 5473 covers general asbestos removal and abatement work by specialty contractors. This includes the removal of asbestos-containing materials from buildings, including floor tiles, ceiling tiles, roofing materials, and insulation. Asbestos abatement is a highly regulated industry due to the serious health risks of asbestos exposure, including mesothelioma and lung cancer.
Who is Covered Under This Code?
Asbestos abatement workers, asbestos supervisors, and air monitoring technicians.
Tips to Reduce Your Premium
- EPA and OSHA asbestos regulations require extensive training, licensing, and medical surveillance
- Florida DEP licensing is required for asbestos abatement contractors
- Respiratory protection (P100 respirators or supplied air) is mandatory
- Air monitoring during and after abatement is required
Frequently Asked Questions
What is workers comp class code 5473?
Class code 5473 covers general asbestos removal and abatement work by specialty contractors. This includes the removal of asbestos-containing materials from buildings, including floor tiles, ceiling tiles, roofing materials, and insulation. Asbestos abatement is a highly regulated industry due to the serious health risks of asbestos exposure, including mesothelioma and lung cancer.
What is the workers comp rate for class code 5473 in Florida?
The current workers' compensation rate for class code 5473 in Florida is $5.65 per $100 of payroll, as set by FWCJUA / NCCI effective 2025-01-01. Your actual premium will also depend on your experience modification factor (EMR) and the carrier you choose.
Who is covered under class code 5473?
Asbestos abatement workers, asbestos supervisors, and air monitoring technicians.
How can I reduce my workers comp premium for class code 5473 in Florida?
EPA and OSHA asbestos regulations require extensive training, licensing, and medical surveillance Florida DEP licensing is required for asbestos abatement contractors Respiratory protection (P100 respirators or supplied air) is mandatory Air monitoring during and after abatement is required
Do I need workers comp insurance for employees classified under code 5473 in Florida?
Yes. Florida requires most employers to carry workers' compensation insurance for their employees. Class code 5473 employees must be covered. Penalties for non-compliance in Florida can be severe, including stop-work orders and fines. Contact Bright Coast Insurance at (239) 228-8029 for a fast, competitive quote.
Rates shown are advisory loss costs or assigned risk rates as of the effective date listed. Your actual workers' compensation premium will depend on your specific payroll, experience modification factor (EMR), carrier selection, and other underwriting factors. Contact Bright Coast Insurance for an accurate quote tailored to your business.
Premium Estimator
Enter your annual payroll to estimate your base premium for code 5473 in FL.
Quick Facts
- Class Code
- 5473
- State
- Florida
- Rate per $100
- $5.65
- Rating Org
- FWCJUA / NCCI
- Effective
- 2025-01-01
Related Class Codes
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