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Classification Phraseology as of:
1/1/2018
 
Classification Code:
8017(7)
 
Phraseology:

STORES — hardware — retail

Footnote:

This classification applies to stores engaged in the sale of hardware items, including but not limited to nails, nuts, bolts, screws, washers, clips, hooks, brackets and fasteners; door locks, hinges and knobs; gas and water fittings, valves and faucets; electric circuit breakers, switches and plugs; and hand and power tools.

In accordance with the provisions of the Multiple Enterprises rule, this classification shall be assigned to hardware stores operated in connection with lumberyards and building material dealers. For purposes of applying the Multiple Enterprises rule, the receipt of the payment for building material merchandise shall not be considered an interchange of labor with the building material dealer.

This classification also applies to locksmith operations performed at fixed or outside locations.

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$3.72New/Renewal
7/1/2017$3.61New/Renewal
1/1/2017$3.91New/Renewal
Prior Phraseology and Footnote:
Shown below is the previously published phraseology and footnoteEffective Date

Phraseology:
STORES — hardware — retail

1/1/2015
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.