Classification Code

0038(1)

Latest Pure Premium Rate
$8.37
Pure Premium Rate Effective Date
Industry Group
Farms

Phraseology

STOCK FARMS — beef cattle or horses

Footnote

This classification applies to all acreage devoted to the raising of beef cattle or horses.

This classification includes growing feed, hay or grain crops when more than 50% of such crops are used by the employer. Cultivation and harvesting of crops that are primarily sold to others shall be assigned to the appropriate Farms Industry Group classification. The raising of calves for sale to others shall be classified as 0034(2), Sheep, Hog or Calf Farms.

The raising of replacement dairy heifers shall be classified as 0036, Dairy Farms.

The raising and training of horses with no horse breeding or birthing operations shall be classified as 7207(1), Stables — all employees, 8631, Racing Stables — all other employees, or 7207(5), Racing Stables — harness racing.

The raising of miniature horses (not to exceed 38 inches in height) shall be classified as 0034(2), Sheep, Hog or Calf Farms.

Slaughtering or butchering operations shall be separately classified as 2081(1), Butchering.

Approved Pure Premium Rates

Effective Date Pure Premium Rate Note
$8.37 New/Renewal
$8.24 New/Renewal
$7.51 New/Renewal
How approved pure premium rates are different than insurer rates
Rules
Excerpt - USRP, Part 3, Section IV, Rule 4, Farms

Previous Phraseology and Footnote

Effective Date

Phraseology:
STOCK FARMS — beef cattle and horses

Footnote:
This classification applies to all acreage devoted to the raising of beef cattle and horses.

This classification includes growing feed, hay or grain crops when more than 50% of such crops are used by the employer. Cultivation and harvesting of crops that are primarily sold to others shall be assigned to the appropriate Farms Industry Group classification.

The raising of calves for sale to others shall be classified as 0034(2), Sheep Raising and Hog Farms.

The raising of replacement dairy heifers shall be classified as 0036, Dairy Farms.

The raising and training of horses with no horse breeding or birthing operations shall be classified as 7207(1), Stables — all employees, 8631, Racing Stables — all other employees, or 7207(5), Racing Stables — harness racing.

The raising of miniature horses (not to exceed 38 inches in height) shall be classified as 0034(2), Sheep Raising and Hog Farms.

Butchering operations shall be classified as 2081(1), Butchering.