# Bright Coast Insurance

**Florida-Licensed Independent Insurance Agency** | Florida License #L132181  
Phone: (239) 323-0785 | 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 8721 — Real Estate Appraisal Company (FL)

**Class Code:** 8721  
**Description:** Real Estate Appraisal Company  
**State:** FL  
**Rate:** $0.19 per $100 of payroll  
**Source:** NCCI (National Council on Compensation Insurance)

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## What Is Class Code 8721?

Class code 8721 covers real estate appraisal company operations, including residential and commercial property appraisers. Work involves driving to properties, conducting inspections, measuring structures, and preparing appraisal reports. Hazards include motor vehicle accidents, slip-and-fall injuries at properties, and dog bites. Florida's active real estate market creates significant demand for appraisal services.

## Who Does Class Code 8721 Apply To?

Real estate appraisers, appraisal assistants, and trainees.

## Florida Examples — Class Code 8721

For class code 8721, real-world examples include: A residential real estate appraisal company in Orlando conducting valuations for home sales. A commercial property appraisal firm in Miami specializing in large-scale commercial developments.

## How to Calculate Workers' Comp Premium for Class Code 8721

**Formula:** (Annual Payroll ÷ 100) × $0.19 × Experience Modification Rate (EMR)

| Annual Payroll | EMR 0.80 | EMR 1.00 | EMR 1.20 |
|---|---|---|---|
| $100,000 | $152 | $190 | $228 |
| $250,000 | $380 | $475 | $570 |
| $500,000 | $760 | $950 | $1140 |
| $1,000,000 | $1520 | $1900 | $2280 |

## Tips for Managing Class Code 8721 Workers' Comp Costs

- MVR checks are essential for appraisers who drive extensively
- Separate clerical and administrative staff under code 8810
- Property inspection safety training reduces slip-and-fall claims

## Safety Recommendations for Class Code 8721

- Provide training on hazard recognition and fall prevention during property inspections.
- Implement protocols for safe interaction with animals during site visits.
- Ensure defensive driving training for employees traveling between appraisal locations.
- Provide employees with personal safety devices for remote work.

## Get a Quote for Class Code 8721

Contact Bright Coast Insurance for a workers' comp quote for class code 8721 in FL:

- **Phone:** (239) 323-0785
- **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 #L132181) 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) 323-0785 | support@brightcoastins.com  
**Address:** PO Box 417, Pineland, FL 33945  
**Website:** https://brightcoastins.com  
**Hours:** Monday–Friday, 9 AM–5 PM ET

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