Insurance classification codes

Here are the class codes for 91581 to 91589:

91581 Contractors – subcontracted work – in connection with construction, reconstruction, erection or repair not buildings – NOC (No other classification)

91582 Contractors – subcontracted work – in connection with building construction, reconstruction, repair or erection – apartment or office buildings over 4 stories

91583 Contractors – subcontracted work – in connection with building construction, reconstruction, repair or erection – one or two family dwellings

91584 Contractors – subcontracted work – in connection with construction, reconstruction, repair or erection of buildings – for industrial use

91585 Contractors – subcontracted work – in connection with construction, reconstruction, repair or erection of buildings – NOC

91586 Contractors – subcontracted work – in connection with oil and gas field construction, reconstruction or repair

91587 Contractors – subcontracted work – in connection with pipeline (other than oil or gas), or communication or power line construction, reconstruction or repair

91588 Contractors – subcontracted work – in connection with bridge, tunnel or elevated street or highway construction, reconstruction or repair

91589 Contractors – subcontracted work – in connection with street or highway construction, reconstruction or repair – not elevated


Also, I ran a search for "volt" or "voltage" and got nothing. A search of "cable" resulted in the following:

52467 Electrical Wire or Cable Manufacturing
59977 Wire Rope or Cable Manufacturing – metal
91302 Cable Installation in Conduits or Subways
91315 Cable or Subscription Television Companies
91577 Conduit Construction for Cables or Wires
99613 Telephone, Telegraph or Cable Television Line Construction

Hi Guys,
I've emailed to both of you here as well as the couple of guys who PM'd their emails. If any of you didn't receive it for some reason, let me know and I'll try to re-send it. (I'm more than happy to share the info.)

I see why it is so hard for insurance companies to provide accurate coverage, the coding system needs to be upgraded.

Click to expand...

I agree it could certainly be a more user-friendly system. I find it hard enough to interpret and I work in the insurance industry; it can be pretty daunting for the average Joe who is trying to check his policy to make sure it is coded correctly. My biggest beef is the descriptions of the various work classes.

If you take the time to split out your business operations into a couple of class codes, instead of just one, then you can possibly save some money in liability insurance. Alot of brokers/agents and underwriters take the easy way out by using only the highest-risk code for everything that you do and then charging 100% of your receipts against that one rate. Or, on the opposite end, if the client won't provide them with a breakdown of their total revenue, then the insurer can't do a split rating for them.

But if you do the extra bit of work and split out your receipts between several applicable codes, then a % of your receipts may be eligible for a low-risk rate and only the true % of high-risk work is charged the high-risk rate. For example: a common example of short-cut taking is charging 100% of a roofer's receipts using the commercial roofing code (highest rate). But if they break out (1) residential shingling from the hot-tar work and also break out (2) sheet metal (eavestroughing/flashings) and (3) siding work, not to mention (4) sub-contracted receipts, you'd save quite a bit of money because these 4 additional categories all have lower rates than the hot-tar commercial roofing rate.

It's all in the math.