Building Raising or Moving
Florida Workers' Compensation Class Code 5703 • FWCJUA / NCCI • Effective 2025-01-01
Current Rate
$6.62
per $100 of payroll
FWCJUA / NCCI 2025-01-01
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 is Covered Under This Code?
Building movers, structural lifting crews, and heavy equipment operators.
Tips to Reduce Your Premium
- 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
Frequently Asked Questions
What is workers comp 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.
What is the workers comp rate for class code 5703 in Florida?
The current workers' compensation rate for class code 5703 in Florida is $6.62 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 5703?
Building movers, structural lifting crews, and heavy equipment operators.
How can I reduce my workers comp premium for class code 5703 in Florida?
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
Do I need workers comp insurance for employees classified under code 5703 in Florida?
Yes. Florida requires most employers to carry workers' compensation insurance for their employees. Class code 5703 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 5703 in FL.
Quick Facts
- Class Code
- 5703
- State
- Florida
- Rate per $100
- $6.62
- Rating Org
- FWCJUA / NCCI
- Effective
- 2025-01-01
Related Class Codes
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