Wage differentials or dual wage classification exists in the Drywall and Insulation Installers Industry due to a worker’s qualification, ability, skill and level of experience.
Dual hourly wage thresholds – ‘high wage’ and ‘low wage’ classification by the Workers Compensation Insurance Rating Bureau (WCIRB) for the year 2020 is as follows:
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Classification for Dual Hourly Wage Threshold
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Class Codes
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Hourly Wage Threshold
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Wallboard Application
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5446
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Less than $36
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5447
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Equal or more than $36
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Drywall and Insulation Contractors must maintain proper payroll records for dual wage classification to avoid rating errors when workers’ compensation claim issues are being handled.
Drywalling is labor intensive and dangerous. The process from drywall installation to finishing, involves lifting and moving of heavy sheets, the use of power tools and working at heights in an environment filled with dust and silica.
Workers risk injury due to overexertion - while back injuries, fall related injuries and respiratory infections aren’t uncommon.
Drywall Installation High Wage Workers Compensation (Class Code: 5447) Insurance protects your employees and your business by covering medical expenses for work related injuries.
It also provides disability and wage replacement benefits.
This type of workers compensation coverage is especially important for drywall contractors who employ skilled laborers earning $36 or more per hour, as classified under WCIRB code 5447. These experienced installers often face complex job-site hazards, including scaffold use, commercial auto exposure during material transport, and prolonged ergonomic strain.
Depending on the job scope, contractors may also encounter property coverage overlaps and liability exposures if drywall installation causes damage to adjacent structures or systems. Risk management becomes critical in such environments where one misstep could lead to costly claims or legal action.
To better understand how this insurance compares to other classifications, contractors can review related programs such as the Plastering, Drywall and Installation Workers Compensation policy or The Importance of Drywall Workers Compensation: Avoid Financial Pitfalls, which offer insights into broader coverage needs across wage levels.
Frequently Asked Questions
What is Class Code 5447 in workers compensation?
Class Code 5447 applies to drywall installers earning $36 or more per hour. It designates them as high-wage workers for premium rating purposes.
Why is dual wage classification important?
Dual wage classification ensures accurate premium calculation by differentiating between lower and higher-paid workers, who typically pose different levels of risk.
What types of injuries are common in drywall installation?
Common injuries include strains from lifting, falls from elevated surfaces, and respiratory problems from dust and silica exposure.
Does this insurance include coverage for tools or equipment?
No, workers compensation focuses on employee medical and wage benefits. Equipment or property coverage would require separate policies.
How can I get a quote for high wage drywall workers compensation?
You can get started by visiting our quote request page and providing basic details about your business and payroll.
Still have questions? Talk to a local insurance expert.