4740(2)

ASPHALT OR TAR DISTILLING OR REFINING

Classification Code

4740(2)

Latest Pure Premium Rate
$0.86
Pure Premium Rate Effective Date

Phraseology

ASPHALT OR TAR DISTILLING OR REFINING — including manufacture of products obtained from such distilling or refining and the saturation of paper or felt with tar or asphalt

Footnote

This classification applies to the refining of raw asphalt and tar through a series of chemical reactions, including distillation, oxygenation, carbonization and catalytic cracking, to produce liquid asphalt base. The refined asphalt or tar may be combined with additives per customer order.

This classification is not applicable to chemical works or manufacturers of dyes or products used as explosives.

Felt or paper manufacturing or coke burning shall be separately classified.

Approved Pure Premium Rates

Effective Date Pure Premium Rate Note
$0.86 New/Renewal
$0.75 New/Renewal
$0.83 New/Renewal
How approved pure premium rates are different than insurer rates

Previous Phraseology and Footnote

Effective Date

Phraseology:

ASPHALT OR TAR DISTILLING OR REFINING — including manufacture of products obtained from such distilling or refining and the saturation of paper or felt with tar or asphalt

Footnote:

This classification is not applicable to chemical works or manufacturers of dyes or products used as explosives.

Felt or paper manufacturing or coke burning shall be separately classified.