# Bright Coast Insurance

**Florida-Licensed Independent Insurance Agency** | Florida License #L103957  
Phone: (239) 475-0361 | Email: support@brightcoastins.com  
Address: PO Box 417, Pineland, FL 33945  
Website: https://brightcoastins.com  
Google Business Profile: https://www.google.com/maps/search/?api=1&query=Bright+Coast+Insurance&query_place_id=ChIJ2bHi4scRv4gRzuxlEjQ0a84

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# Workers' Comp Class Code 5703 — Building Raising or Moving (FL)

**Class Code:** 5703  
**Description:** Building Raising or Moving  
**State:** FL  
**Rate:** $6.62 per $100 of payroll  
**Source:** NCCI (National Council on Compensation Insurance)

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## What Is Class Code 5703?

Class code 5703 covers building raising and moving operations — the specialized work of lifting and relocating entire structures. This is a high-hazard construction operation involving hydraulic jacking systems, temporary support structures, and the movement of heavy loads. Workers face risks from structural collapse, equipment failure, and working under raised structures.

## Who Does Class Code 5703 Apply To?

Building movers, structural lifting crews, and heavy equipment operators.

## Florida Examples — Class Code 5703

A specialized structural moving company in Jacksonville raising historic homes for flood protection. A heavy lifting contractor in Miami relocating modular buildings for commercial development.

## How to Calculate Workers' Comp Premium for Class Code 5703

**Formula:** (Annual Payroll ÷ 100) × $6.62 × Experience Modification Rate (EMR)

| Annual Payroll | EMR 0.80 | EMR 1.00 | EMR 1.20 |
|---|---|---|---|
| $100,000 | $5292 | $6615 | $7938 |
| $250,000 | $13230 | $16538 | $19845 |
| $500,000 | $26460 | $33075 | $39690 |
| $1,000,000 | $52920 | $66150 | $79380 |

## Tips for Managing Class Code 5703 Workers' Comp Costs

- Engineering oversight is required for building raising and moving operations
- Structural support systems must be designed by a licensed engineer
- This is a specialty classification — ensure proper classification for all workers

## Safety Recommendations for Class Code 5703

- Implement rigorous engineering plans and safety protocols for all lifting and moving operations.
- Ensure all hydraulic jacking and lifting equipment is regularly inspected and maintained.
- Establish clear exclusion zones around structures being moved and enforce strict access control.
- Provide comprehensive training on structural stability, load bearing, and emergency procedures.

## Get a Quote for Class Code 5703

Contact Bright Coast Insurance for a workers' comp quote for class code 5703 in FL:

- **Phone:** (239) 475-0361
- **Email:** support@brightcoastins.com
- **Online:** [Workers' Comp Calculator](https://brightcoastins.com/comp-calculator)
- **Class Code Lookup:** [https://brightcoastins.com/workers-comp-codes/fl](https://brightcoastins.com/workers-comp-codes/fl)



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## About Bright Coast Insurance

Bright Coast Insurance is a Florida-licensed independent insurance agency (Florida License #L103957) specializing in commercial insurance for Florida contractors, builders, property owners, and HOA/condo associations. As an independent agency, we represent multiple carriers including US Assure (builders risk), Employers Holdings, AmTrust Financial, and others — allowing us to find the best coverage at the most competitive rate for each client.

**Contact:** (239) 475-0361 | support@brightcoastins.com  
**Address:** PO Box 417, Pineland, FL 33945  
**Website:** https://brightcoastins.com  
**Hours:** Monday–Friday, 8 AM–5 PM ET

*Bright Coast Insurance is an authorized FWCJUA placement agency and an authorized US Assure builders risk agency.*