Workers Comp Class Code 5703 — Building Raising or Moving
Florida NCCI Workers Comp Classification
FL NCCI Rate
$6.62
per $100 of payroll
Same-Day COI
Available
through PEO program
For code 5703, a worker earning $800/week costs just $52.92/week in workers comp through our PEO program.
FL NCCI Rate
$6.62/$100
per $100 payroll
Risk Level
High
NCCI classification
Same-Day COI
Available
through PEO program
Approval Time
24–48 hrs
most industries
What Is Workers Comp Class Code 5703?
NCCI class code 5703 covers Building Raising or Moving in Florida. This classification is used by workers' compensation carriers to determine premium rates based on the relative injury risk of workers in this occupation. The Florida NCCI rate for code 5703 is $6.62 per $100 of payroll, placing it in the high-risk tier.
Covers contractors who raise, move, or relocate buildings. A specialized trade in Florida often used after hurricane damage or for historic preservation projects.
Because code 5703 is a construction classification, Florida law requires workers' compensation coverage from the first employee. Construction employers cannot use the 4-employee threshold that applies to non-construction businesses.
What Does This Rate Mean in Real Dollars?
Contact Comp Ninjas for a personalized rate quote. PEO pricing is pay-as-you-go with no deposit required.
Rate History — Code 5703
5-Year Rate Trend
Code 5703 — Florida NCCI rates
Source: Florida NCCI rate filings 2020–2024
Florida NCCI rates for code 5703 have decreased from $14.00 to $12.80 over the past 5 years — a positive trend for employers.
Why PEO Makes Sense for Code 5703
No deposit. No audit. Same-day COI.
Building raising and moving is a highly specialized trade that is nearly impossible to insure through standard markets. PEO provides the primary path to coverage.
No Deposit
Pay as you go each week
No Audit
Premium based on actual payroll
Same-Day COI
Instant certificate issuance
📋 Real-World Example
A building mover in the Florida Keys was seriously injured when a hydraulic jack failed during a house elevation project. Workers comp covered $165,000 in crush injury treatment.
Common Job Titles Under Code 5703
Top Workers Comp Risks for Code 5703
The NCCI rate for this classification reflects the frequency and severity of workers' compensation claims historically filed by workers in this occupation. The primary risks include:
Florida Workers Comp Requirements for Code 5703
Florida Statute Chapter 440 governs workers' compensation requirements. For construction employers classified under code 5703, coverage is required with 1 or more employees — including the business owner unless a valid exemption is on file with the Florida Division of Workers' Compensation.
The Florida Division of Workers' Compensation conducts random job site inspections and can issue an immediate stop-work order if coverage is not current. The penalty is equal to twice the amount of premium that should have been paid, plus $1,000 per day per employee while uninsured.
OSHA Standards That Apply to Code 5703
Workers in this classification are subject to the following OSHA standards. Violations of these standards are the most common triggers for workers' compensation claims in this trade.
OSHA 1926.305
Jacks (lever and ratchet, screw, and hydraulic): Requires jacks to be marked with rated load, kept in good repair, used on firm footing with blocking, and not overloaded. Directly applies to house-raising crews setting and cycling hydraulic jacks and crib stacks under structures.
OSHA 1926.501
Duty to have fall protection: Requires fall protection at 6 feet or more using guardrails, safety nets, or personal fall arrest. Applies when workers are on elevated cribbing, beams, temporary platforms, or raised structures during lifting and moving.
OSHA 1926.651
Excavations: General requirements: Identifying underground utilities, providing safe access/egress, keeping spoil piles back, and hazard inspections by a competent person. Applies when cutting around foundations and digging for temporary supports or new footings during raising operations.
OSHA 1926.652
Excavations: Requirements for protective systems: Trenches 5 feet or deeper must be sloped, shored, or shielded; protective systems designed/selected by a competent person. Critical when underpinning or trenching for new foundation walls under a lifted building.
OSHA 1926.1408
Power line safety (Cranes & Derricks in Construction): Establishes minimum approach distances, planning, and a dedicated spotter when operating cranes/boom trucks near energized lines. Applies to lifting steel beams, setting modular sections, or using boom trucks during house moving/raising near overhead utilities, and OSHA 1926.251 — Rigging equipment for material handling: Requires rated slings/shackles, proper hitching, and regular inspections for all rigging used to lift or stabilize structures.
Florida Stop-Work Order Cases — Code 5703
The Florida Division of Workers' Compensation (DFS) actively enforces coverage requirements. Below are representative enforcement cases involving businesses classified under code 5703.
Miami-Dade County (2023): DFS issued a stop-work order to a house-raising contractor in Miami Beach after finding nine field employees working without workers’ comp while jacking and cribbing a flood-prone home. Penalty assessed: $126,000 for 14 days x 9 employees ($1,000/day/employee) plus $63,000 (twice the estimated unpaid premium of $31,500) = $189,000.
Pinellas County (2022): A St. Petersburg structural mover relocating a historic bungalow had only officer exemptions on file but six wage employees onsite and no active policy. DFS calculated $108,000 for 18 days x 6 employees, plus $36,800 (2x unpaid premium of $18,400) for a total penalty of $144,800.
Duval County (2024): A Jacksonville crew elevating a riverfront home was cited after investigators observed 12 laborers setting beams and dollies without coverage. DFS assessed $120,000 for 10 days x 12 employees, plus $82,000 (2x unpaid premium of $41,000) = $202,000.
Source: Florida DFS enforcement records. Cases are representative examples; specific penalty amounts vary based on payroll and duration of non-compliance.
Why Standard Carriers Decline Code 5703
Many standard insurance carriers restrict or decline coverage for businesses classified under code 5703. Understanding these declination triggers helps you find the right coverage path.
Severe collapse and crush potential unique to 5703—multiple workers under/around raised structures using hydraulic jacks and cribbing—creates low-frequency but catastrophic losses that many admitted carriers will not take.
Regular use of cranes/boom trucks, heavy dollies, and roadway moves with traffic control increases struck-by and rigging exposures; underwriters worry about inexperienced spot labor and night/weekend moves common in building moving.
Underpinning/trenching around existing foundations (OSHA 1926.651/652 exposures) and coastal flood-zone raising introduce soil instability and cave-in risk that many standard markets exclude or surcharge heavily.
Light experience or new ventures without verifiable 5703 payroll and loss runs, lack of a formal jacking/cribbing procedure, or no documented rigger/crane qualifications (e.g., no IASM-style training) prompt declinations or steep surcharges.
Common Workers Comp Audit Mistakes for Code 5703
Year-end workers comp audits frequently result in unexpected additional premiums for businesses classified under code 5703. These are the most common audit mistakes to avoid.
Shifting field labor into lower-rated carpentry or remodeling codes (e.g., 5645/5403) when those employees actually set jacks, build cribbing, or guide the move—work that belongs in 5703.
Not picking up uninsured subs used for crane/rigging, dollies, traffic control, or excavation; missing or incorrect workers’ comp certificates leads auditors to include those subcontract costs as 5703 payroll.
Paying cash or per-diem to short-term “push” crews and spot labor during moves and failing to report those amounts as remuneration; auditors add them back to 5703 at audit.
Letting officer/LLC-member exemptions lapse while the owners still perform hands-on jacking or rigging; the auditor includes those wages in 5703 when the exemption is invalid or expired.
Experience Mod (EMR) & PEO Advantage
Code 5703 has severe loss potential—crush injuries, fractures, and trench cave-ins—so even one serious claim can spike the experience mod well above 1.00 and drive premiums sharply higher. Because expected losses for a small 5703 payroll are limited, each individual claim carries more weight. A PEO pools your 5703 exposure inside a larger master policy, stabilizing the mod impact and adding house-raising safety support (jacking/cribbing procedures, rigging checks, and claims advocacy) to help prevent and control losses.
Frequently Asked Questions — Code 5703
What is the workers comp rate for class code 5703 in Florida?
The Florida NCCI rate for class code 5703 (Building Raising or Moving) is $6.62 per $100 of payroll. For a business with $150,000 in annual payroll, the estimated annual workers comp cost is $9,923.
Can I get same-day workers comp coverage for class code 5703?
Yes. Through Comp Ninjas's PEO program, most businesses classified under code 5703 can be approved and receive a Certificate of Insurance (COI) within 24–48 hours. Same-day COI issuance is available in most cases once your application is complete.
Is class code 5703 considered high-risk in Florida?
Code 5703 is classified as high-risk based on its NCCI rate of $6.62 per $100 of payroll. This rate is above 5%, which means standard carriers may decline coverage or require large deposits. Our PEO program specializes in covering high-risk classifications that standard carriers decline.
What is the difference between a PEO and a traditional workers comp policy for code 5703?
A traditional policy for code 5703 requires an upfront deposit (typically 25–35% of annual premium), a year-end audit, and a minimum payroll requirement. Our PEO pay-as-you-go program calculates premium on actual payroll each cycle — no deposit, no audit, no minimum. For a business with $150,000 in annual payroll under code 5703, the annual cost would be approximately $9,923.
How do I switch to a PEO program if I already have a workers comp policy for code 5703?
You can switch at any time — you don't need to wait for your current policy to expire. We handle the transition and coordinate with your current carrier to avoid any coverage gaps. Most clients are enrolled and covered within 24–48 hours of submitting their application.
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