Classification Code

2362

Latest Pure Premium Rate
$11.79
Pure Premium Rate Effective Date

Phraseology

KNITTING — N.O.C.

Footnote

This classification applies to knitting natural or synthetic yarn or thread using automated equipment to produce fabric.

The sewing and assembly of knit components to produce garments shall be separately classified as 2501(1), Clothing Mfg., in accordance with the provisions of the Multiple Enterprises rule.

Hand knitting operations, without the use of automated equipment, to produce fabric or garments shall be classified as 2501(1), Clothing Mfg.

The spinning or weaving of natural or synthetic fiber to produce yarn, thread or fabric shall be classified as 2222, Spinning, Weaving or Fiber Processing.

Approved Pure Premium Rates

Effective Date Pure Premium Rate Note
$11.79 New/Renewal
$14.39 New/Renewal
$14.04 New/Renewal
How approved pure premium rates are different than insurer rates
Rules
USRP, Part 3, Section III, Rule 3, Multiple Enterprises

Previous Phraseology and Footnote

Effective Date

Phraseology:

KNITTING — N.O.C.

Footnote:

This classification applies to knitting natural or synthetic yarn or thread using automated equipment to produce fabric.

The sewing and assembly of knit components to produce garments shall be separately classified as 2501(1), Clothing Mfg., in accordance with the provisions of the Multiple Enterprises rule.

Hand knitting operations, without the use of automated equipment, to produce fabric or garments shall be classified as 2501(1), Clothing Mfg.

The spinning or weaving of natural or synthetic fiber to produce yarn, thread or fabric shall be classified as 2222, Spinning or Weaving.