Workers' Comp Coverage for Excavation Contractors
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Workers' Compensation Class Codes Related to Excavation & Grading Work
Employees are grouped into classification codes based on what they do for their job. The National Council on Compensation Insurance (NCCI) currently utilizes nearly 800 class codes to help insurance companies categorize employees. Insurance companies create a manual rate for each class code in order to price a policy.
Properly classifying workers is an important part of the quote process. Mis-classified employers may end up paying too much for coverage or owing too much after an audit.
Class Code 6217
Excavation and Grading Work
Businesses primarily engaged in site preparation, land clearing and earth moving activities. Services often include the demolition of buildings and other structures. Site preparation for homes, buildings, airports, swimming pools and roads are common under this class code. Rock excavation and land grading in conjunction with street or road construction apply to class code 6217. Excavation includes burrowing and backfilling dirt and debris.
Pond and lake construction and ditch digging are also included in this business class. Companies who primarily engage in tree removal should be separately rated under class code 2702. This includes work related to clearing of right-of-ways. Tree removal done by contractors who specialize in tree service and trimming would fall under class code 0106- Tree Trimming.
Alternative State Class Codes for Excavation:
Sometimes a state will deviate from the industry class code recommended by NCCI. Instead of the NCCI code, they may require the utilization of a state specific class code for certain business segments.
Synonyms: excavator, excavating, excavation, land clearing, land grading, site preparation contractors.
How Does Workers' Comp Work?
Workers' comp coverage protects employees when injured. It makes good financial sense for both parties.
- Loss of income for employees unable to perform job duties
- Medical expenses for employees injured on the job
- Retraining expenses for employees unable to return
- Permanent injury or disability for lasting injuries
- Survivor benefits if employees are killed on the job
Coverage does not protect employers from everything. Sometimes employees and employers can be negligent.
- Injuries resulting from a violation of the law
- Incidents resulting from employees' use fo drugs or alcohol
- Injuries that did not occur in connection with the job
- Clear company policy violations
- Injuries that did not occur in connection with the job
How Much Does Excavation Insurance Cost?
- Work Comp is priced based on payroll
- Your state and Emod will affect your cost
- The type of excavation work can modify rates
- Premium discounts and policy credits may apply
- GL rates for excavators are based on payroll (rated per $1000)
- Gross revenue may affect pricing
- Equipment used and digging depth matter to underwriters
- Prior clams and years in business affect pricing
- Excavation SIC code-1794; ISO code-94007
How do I get started?
Here's what we need from you
- Business details, locations, FEIN or SSN
- Estimated annual payroll and job duties- class codes
- Claims info or loss history- if applicable
What Happens Next?
We go find for your best price
- Our software matches you with top-rated carriers
- Our agents apply and negotiate your lowest rates
- We present and recommend your best options