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Classification Phraseology as of:
9/1/2023
 
Classification Code:
6213
 
Phraseology:

OIL OR GAS WELLS — specialty tool companies — N.O.C. — all employees — including shop, yard or storage operations and outside supervisors

Footnote:

This classification applies to oil or gas well specialty tool companies who lease, without operating crews, special equipment, including but not limited to drilling, fishing or casing-cutting tools. This classification includes outside supervisors who provide advice to the customer as to the function and proper operation of the tool.

Specialty oil or gas well tool companies that furnish operating crews with such equipment shall be separately classified.

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
9/1/2023$1.63New/Renewal
9/1/2022$1.50New/Renewal
9/1/2021$1.51New/Renewal
Prior Phraseology and Footnote:
Shown below is the previously published phraseology and footnoteEffective Date

Phraseology:

OIL OR GAS WELLS — specialty tool companies — N.O.C. — all employees — including outside supervisors and shop or yard employees

Footnote:

This classification applies to oil or gas well specialty tool companies who lease, without operating crews, special equipment, including but not limited to drilling, fishing or casing-cutting tools. This classification includes outside supervisors who provide advice to the customer as to the function and proper operation of the tool.

Specialty oil or gas well tool companies that furnish operating crews with such equipment shall be separately classified.

1/1/2019
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.