What is Feed/Tack/Farm Supply Stores Workers Compensation (class code: 8117)?
Feed, tack, and farm supply stores classified under workers compensation class code 8117 typically involve retail operations that sell agricultural supplies, animal feed, saddlery, and farming tools. Employees in this classification often handle heavy merchandise, interact with equipment, and may be exposed to environmental hazards, making workers compensation insurance essential for managing workplace injury risks.
This type of coverage helps protect businesses from the financial impact of employee injuries that can occur from lifting heavy feed bags, operating forklifts, or working in storage areas. It ensures that employees receive medical care and wage replacement if they are injured on the job.
Who needs it
Any business operating a feed store, tack shop, or farm supply retail location should carry workers compensation coverage. This includes independent store owners, agricultural supply retailers, and farm co-ops. Whether you operate a single location or a regional chain, coverage is crucial for managing liability exposure and meeting state-mandated insurance requirements.
What it typically covers
Workers compensation insurance for class code 8117 typically includes:
- Medical expenses for job-related injuries or illnesses
- Partial wage replacement for time away from work
- Rehabilitation or physical therapy costs
- Death benefits to dependents if a fatal injury occurs
For example, if an employee strains their back lifting a feed sack, workers comp would help cover medical treatment and lost wages during recovery.
Common exclusions or limitations
Most policies exclude injuries that occur outside of job duties, intentional self-harm, or those caused by substance abuse. Independent contractors and volunteers may not be covered unless added specifically. It's also important to understand that workers compensation does not replace general liability insurance or cover property damage.
Factors that influence cost
Several underwriting factors can impact your premium, including:
- Total payroll and number of employees
- Claims history and safety record
- Specific job duties and operational hazards
- State-specific rates and regulations
Businesses with proactive risk management practices—such as employee training and proper equipment handling procedures—may see lower premiums over time.
Proof of insurance & compliance
Most states require employers to carry workers compensation coverage, and proof of insurance is often needed to obtain business licenses or work with vendors. Certificates of insurance (COIs) can be provided to confirm compliance when requested by landlords, clients, or regulators.
How to get a quote
If you operate a farm supply, tack, or feed store and need workers compensation under class code 8117, we can help. Our licensed agents understand the unique risks of agricultural retail and can connect you with carriers offering competitive options tailored to your operations.
Request a quote today to protect your employees and your business.
You may also be interested in related classifications such as Fruits and Vegetables Stores Workers Compensation (class code: 8006-2) or Furniture Stores Workers Compensation (class code: 8015) depending on your retail mix.
Frequently Asked Questions
What is class code 8117?
Class code 8117 refers to feed, tack, and farm supply stores under workers compensation classification, covering employees in agricultural retail operations.
Are part-time employees covered under workers compensation?
Yes, most workers compensation policies cover both full-time and part-time employees, as long as they are classified as employees and not independent contractors.
Do I need workers comp if I only have one employee?
Requirements vary by state, but many states require coverage even for a single employee. It's best to check with your state’s labor department or an insurance professional.
What happens if I don’t carry workers compensation?
Failure to carry required coverage can result in fines, penalties, and personal liability for workplace injuries. It’s essential to maintain active coverage to remain compliant.
Can I reduce my workers comp premium?
Yes, implementing safety training, maintaining a clean claims history, and accurately classifying your employees can help reduce premiums over time.
Still have questions? Talk to a local insurance expert.