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Classification Phraseology as of:
1/1/2018
 
Classification Code:
8071
 
Phraseology:
STORES — books, video media or recorded audio media — retail
Footnote:
This classification applies to stores engaged in the sale or rental of new or used books or magazines; video media, including but not limited to digital video discs (DVDs) and video games; or recorded audio media, including but not limited to records, compact discs (CDs) and other formats of recorded and audio media.

This classification also applies to the mail order sale or rental of books, magazines, video media or recorded audio media.

The sale or rental of merchandise by use of vending machines shall be classified as 5192, Vending or Coin-Operated Machines.

Industry Group/Related Classifications:
Approved Pure Premium Rate:
To learn how approved pure premium rates are different than insurer rates, click here.
Effective DatePure Premium RateNote
1/1/2018$1.64New/Renewal
7/1/2017$1.37New/Renewal
1/1/2017$1.48New/Renewal
Prior Phraseology and Footnote:
Shown below is the previously published phraseology and footnoteEffective Date

Phraseology:
STORES — books — retail

Footnote:
This classification applies to each separate store location at which the sale of books and magazines equals or exceeds 75% of the gross receipts and not less than 75% of the square footage devoted to the display and sale of merchandise is dedicated to books and magazines.

1/1/2017
New Search

The Classification Search was developed by the WCIRB for your convenience to help you identify Standard Classifications based on keywords or a classification code. However, you cannot rely solely on the Classification Search and must make an independent assessment when determining the appropriate classification(s) assignable to a risk in accordance with the USRP.