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Classification Phraseology as of:
1/1/2020
 
Classification Code:
8304
 
Phraseology:
GRAIN ELEVATORS OR STORAGE WAREHOUSES — no cleaning, sacking or packaging
Footnote:

This classification applies to the bulk storage of grain, including but not limited to wheat, rice or barley, as well as dried beans, in warehouses, grain elevators or silos. This classification applies to companies that hold title to the grain or beans, as well as those that store grain or beans on a contract basis. This classification also applies to rice drying operations.

The sale of animal feed products, including but not limited to hay, straw, alfalfa, oats, rice, corn or mixed feeds to wholesalers, retailers or agricultural or commercial customers, shall be classified as 8215(1), Hay, Grain or Feed Dealers.

The storage of sacked or packaged grains or beans, including cleaning, sacking or packaging operations performed in connection with storage, shall be classified as 8215(2), Warehouses — grain or bean.

Approved Pure Premium Rate:
To learn how approved pure premium rates are different than insurer rates, click here.
Effective DatePure Premium RateNote
1/1/2020$6.98New/Renewal
1/1/2019$8.03New/Renewal
7/1/2018$8.71New/Renewal
Prior Phraseology and Footnote:
Shown below is the previously published phraseology and footnoteEffective Date

Phraesology:
GRAIN ELEVATORS OR GRAIN STORAGE WAREHOUSES — including local managers

Footnote:
The storage or handling of sacked grain or beans shall be separately classified as 8215(2), Warehouses — grain or bean.

1/1/2017
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.