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Classification Phraseology as of:
1/1/2018
 
Classification Code:
8013(1)
 
Phraseology:

STORES — jewelry — wholesale or retail

Footnote:

This classification applies to stores principally (in excess of 50% of gross receipts) engaged in the sale of jewelry items, including but not limited to rings, earrings, bracelets, necklaces, watches and costume jewelry that are intended for personal adornment. This classification includes repairing, polishing or engraving jewelry when performed by a retail jewelry store for individual customers.

This classification also applies to stores engaged in the sale of gems and precious and semiprecious stones; hearing aids; coins; and trophies, badges and medals.

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$1.80New/Renewal
7/1/2017$1.88New/Renewal
1/1/2017$2.04New/Renewal
Prior Phraseology and Footnote:
Shown below is the previously published phraseology and footnoteEffective Date

Phraseology:
STORES — jewelry — wholesale or retail

Footnote:
>This classification applies to stores predominantly (over 50% of gross receipts) engaged in the sale of jewelry items such as rings, earrings, bracelets, necklaces, watches, and similar items intended for personal adornment.

This classification includes repairing, polishing, or engraving jewelry when performed by a retail jewelry store for individual customers.

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.