Classification Code

1322

Latest Pure Premium Rate
$3.82
Pure Premium Rate Effective Date
Industry Group
Petroleum Industry
Construction and Erection

Phraseology

OIL OR GAS WELL SERVICING — N.O.C. — by contractors using well service or work-over rigs — no drilling or redrilling — including Outside Salespersons

Footnote

This classification applies to oil or gas well servicing contractors who perform downhole services, including but not limited to pulling and replacing rods, tubing and pumps, well cleaning or swabbing.

This classification does not apply to ancillary downhole services performed by the contractor engaged in well drilling or redrilling operations.

Approved Pure Premium Rates

Effective Date Pure Premium Rate Note
$3.82 New/Renewal
$4.36 New/Renewal
$4.36 New/Renewal
How approved pure premium rates are different than insurer rates
Rules
Excerpt - USRP, Part 3, Section IV, Rule 2, Construction or Erection Work
Excerpt - USRP, Appendix I, Construction and Erection Classifications
USRP, Part 3, Section III, Rule 4, Standard Exceptions
USRP, Appendix IV, Classifications Including Clerical Office Employees, Clerical Telecommuter Employees or Outside Salespersons
USRP, Part 3, Section III, Rule 4, Standard Exceptions, Subrule c, Standard Exception Classification Procedures

Previous Phraseology and Footnote

Effective Date

Phraseology:
OIL OR GAS WELL SERVICING — N.O.C. — by contractors using well service or work-over rigs — no drilling or redrilling — including Outside Salespersons

Footnote:
This classification shall apply to oil or gas well servicing contractors who perform downhole services, such as pulling and replacing rods, tubing and pumps, well cleaning or swabbing.