# 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 8855 — Banks and Trust Companies - All Employees (FL)

**Class Code:** 8855  
**Description:** Banks and Trust Companies - All Employees  
**State:** FL  
**Rate:** $0.07 per $100 of payroll  
**Source:** NCCI (National Council on Compensation Insurance)

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## What Is Class Code 8855?

Class code 8855 covers bank and trust company operations, including all employees from tellers and loan officers to branch managers and administrative staff. Work is primarily office-based involving financial transactions, customer service, and administrative functions. Hazards are low, primarily involving robbery-related injuries (banks have elevated robbery risk) and ergonomic strain from computer work.

## Who Does Class Code 8855 Apply To?

Bank tellers, loan officers, branch managers, and administrative staff.

## Florida Examples — Class Code 8855

A regional bank with 15 branches across Central Florida, employing tellers, loan officers, and administrative staff. A small, independent trust company in Naples managing financial assets for high-net-worth individuals.

## How to Calculate Workers' Comp Premium for Class Code 8855

**Formula:** (Annual Payroll ÷ 100) × $0.07 × Experience Modification Rate (EMR)

| Annual Payroll | EMR 0.80 | EMR 1.00 | EMR 1.20 |
|---|---|---|---|
| $100,000 | $56 | $70 | $84 |
| $250,000 | $140 | $175 | $210 |
| $500,000 | $280 | $350 | $420 |
| $1,000,000 | $560 | $700 | $840 |

## Tips for Managing Class Code 8855 Workers' Comp Costs

- Security protocols and robbery prevention training reduce robbery-related claims
- Ergonomic workstations are the primary risk management tool for bank operations
- Separate armored car operations under transportation codes

## Safety Recommendations for Class Code 8855

- Provide ergonomic keyboards, chairs, and workstations for all employees.
- Encourage frequent breaks and stretching exercises to mitigate repetitive strain.
- Maintain clear, dry floors and ensure proper lighting throughout the premises.
- Conduct regular security training and drills for robbery response procedures.

## Get a Quote for Class Code 8855

Contact Bright Coast Insurance for a workers' comp quote for class code 8855 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.*