Salvage Operation - No Wrecking
Florida Workers' Compensation Class Code 5705 • FWCJUA / NCCI • Effective 2025-01-01
Current Rate
$7.74
per $100 of payroll
FWCJUA / NCCI 2025-01-01
What is Class Code 5705?
Class code 5705 covers salvage operations that do not involve wrecking or demolition. Work involves recovering and removing usable materials from structures or sites without demolishing the structure. Hazards include working in structurally compromised buildings, handling sharp and heavy materials, and equipment operation.
Who is Covered Under This Code?
Salvage workers and material recovery crews.
Tips to Reduce Your Premium
- Structural assessment of salvage sites is critical before work begins
- PPE including hard hats, cut-resistant gloves, and safety boots is essential
Frequently Asked Questions
What is workers comp class code 5705?
Class code 5705 covers salvage operations that do not involve wrecking or demolition. Work involves recovering and removing usable materials from structures or sites without demolishing the structure. Hazards include working in structurally compromised buildings, handling sharp and heavy materials, and equipment operation.
What is the workers comp rate for class code 5705 in Florida?
The current workers' compensation rate for class code 5705 in Florida is $7.74 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 5705?
Salvage workers and material recovery crews.
How can I reduce my workers comp premium for class code 5705 in Florida?
Structural assessment of salvage sites is critical before work begins PPE including hard hats, cut-resistant gloves, and safety boots is essential
Do I need workers comp insurance for employees classified under code 5705 in Florida?
Yes. Florida requires most employers to carry workers' compensation insurance for their employees. Class code 5705 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 5705 in FL.
Quick Facts
- Class Code
- 5705
- State
- Florida
- Rate per $100
- $7.74
- Rating Org
- FWCJUA / NCCI
- Effective
- 2025-01-01
Related Class Codes
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