Workers Comp Class Code 5512 — Concrete — Precast
Florida NCCI Workers Comp Classification
FL NCCI Rate
$5.18
per $100 of payroll
Same-Day COI
Available
through PEO program
For code 5512, a worker earning $800/week costs just $41.47/week in workers comp through our PEO program.
FL NCCI Rate
$5.18/$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 5512?
NCCI class code 5512 covers Concrete — Precast 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 5512 is $5.18 per $100 of payroll, placing it in the high-risk tier.
Covers workers installing precast concrete components. At $7.42/$100, a worker earning $900/week costs $66.78/week in workers comp.
Because code 5512 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?
At $7.42/$100, a worker earning $900/week costs $66.78/week. Annual cost for $150,000 payroll: ~$11,130.
Rate History — Code 5512
5-Year Rate Trend
Code 5512 — Florida NCCI rates
Source: Florida NCCI rate filings 2020–2024
Florida NCCI rates for code 5512 have decreased from $8.29 to $7.42 over the past 5 years — a positive trend for employers.
Why PEO Makes Sense for Code 5512
No deposit. No audit. Same-day COI.
Precast concrete installers need flexible coverage. PEO provides same-day COI and pay-as-you-go 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 precast concrete company with 5 workers in Duval County installing precast panels. A panel slips during installation — $48,000 claim.
Common Job Titles Under Code 5512
Top Workers Comp Risks for Code 5512
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 5512
Florida Statute Chapter 440 governs workers' compensation requirements. For construction employers classified under code 5512, 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 5512
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.
29 CFR 1926.704
Precast Concrete: Requires engineered lifting inserts, adequate temporary bracing, and that precast members remain supported until permanent connections are secured; restricts workers from being under suspended/unsupported panels.
29 CFR 1926.1408
Power Line Safety (Subpart CC—Cranes & Derricks): Sets minimum approach distances and planning requirements for crane operations near energized lines when hoisting precast panels.
29 CFR 1926.251
Rigging Equipment for Material Handling: Requires selection, inspection, and safe use of slings, shackles, hooks, and hardware used to lift precast members, including removal from service of damaged gear and use of proper hitch configurations.
29 CFR 1926.501
Duty to Have Fall Protection: Requires fall protection at 6 feet and above for employees connecting, grouting, or welding precast panels at edges, openings, or leading edges during erection.
29 CFR 1926.1153
Respirable Crystalline Silica (Construction): Mandates exposure control methods (e.g., water delivery or HEPA vacs) and medical surveillance when cutting, drilling, grinding, or smoothing precast concrete elements.
Florida Stop-Work Order Cases — Code 5512
The Florida Division of Workers' Compensation (DFS) actively enforces coverage requirements. Below are representative enforcement cases involving businesses classified under code 5512.
Orange County (2023): DFS found an Orlando-area precast erection crew setting wall panels at a distribution center with a lapsed workers’ comp policy for 12 days. Eight installers and riggers were on site. Penalty assessed ~ $140,000 ($96,000 in daily penalties at $1,000/day per employee + $44,000 for twice the estimated unpaid premium).
Polk County (2022): A precast yard in Lakeland was stripping and loading panels using day labor while relying on an out-of-state PEO policy not filed in Florida. Six workers were uncovered for 15 days. Penalty assessed ~ $118,000 ($90,000 daily + $28,000 for twice the unpaid premium).
Miami-Dade County (2024): A precast erection contractor was misclassifying field crews under general concrete instead of 5512 while setting multi-story garage panels; DFS treated it as material noncompliance. Five employees worked 20 days uninsured for the correct exposure. Penalty assessed ~ $136,000 ($100,000 daily + $36,000 for twice the unpaid premium).
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 5512
Many standard insurance carriers restrict or decline coverage for businesses classified under code 5512. Understanding these declination triggers helps you find the right coverage path.
Self-performed heavy lifts and bracing during precast panel erection (crane, rigging, and signaling) without documented lift plans, NCCCO-certified operators/riggers, and written compliance with 1926.704—carriers view the collapse/crush potential as catastrophic severity.
Mixed operations where the same entity casts products in a yard and also erects panels in the field—many standard carriers won’t write 5512 when manufacturing and erection are combined or when large-capacity cranes/boom trucks are owned and operated in-house.
New venture or limited verified experience specifically in precast erection (not just flatwork); plus any EMR above 1.20 or prior lost-time claims involving crush, amputation, or falls from panel edges trigger surcharges or outright declinations.
Regular multi-story or tight urban work with power-line exposures, extensive night lifts, or heavy reliance on uninsured rigging/subcontract crews—underwriters see uncontrolled subcontractor risk and severe loss potential and decline 5512.
Common Workers Comp Audit Mistakes for Code 5512
Year-end workers comp audits frequently result in unexpected additional premiums for businesses classified under code 5512. These are the most common audit mistakes to avoid.
Failing to separate shop/yard manufacturing hours (forming, casting, curing, stripping) from field erection payroll—auditors move all of it into 5512 at the higher construction rate.
Putting working foremen/superintendents into a supervisor code even though they rig panels, weld connections, or help with bracing; because they use tools at the jobsite, their payroll belongs in 5512.
Breaking out CDL/boom-truck drivers to a trucking code when those drivers routinely rig, signal, or help set panels; auditors pull them back into 5512 as part of the governing class.
Not collecting valid workers’ comp certificates for rigging, welding, or crane subs used on panel sets; auditors add uninsured subs’ labor to the 5512 payroll base, inflating final premium.
Experience Mod (EMR) & PEO Advantage
For 5512, one serious claim—like a crush injury during a lift or a fall while connecting panels—can spike your EMR for three policy years, because lost-time, high-severity claims weigh heavily. A PEO places you in a larger risk pool with dedicated claims triage, return-to-work, and jobsite safety support (lift plans, bracing, and silica controls), which helps control both claim frequency and severity and keeps your mod in check.
Frequently Asked Questions — Code 5512
What is the workers comp rate for class code 5512 in Florida?
The Florida NCCI rate for class code 5512 (Concrete — Precast) is $5.18 per $100 of payroll. For a business with $150,000 in annual payroll, the estimated annual workers comp cost is $7,776.
Can I get same-day workers comp coverage for class code 5512?
Yes. Through Comp Ninjas's PEO program, most businesses classified under code 5512 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 5512 considered high-risk in Florida?
Code 5512 is classified as high-risk based on its NCCI rate of $5.18 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 5512?
A traditional policy for code 5512 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 5512, the annual cost would be approximately $7,776.
How do I switch to a PEO program if I already have a workers comp policy for code 5512?
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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