General Liability Class Code 51985

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GL Class Code 51985 - Cotton Compressing

GL Class Code 51985 - Cotton Compressing

Are you searching for the General Liability Class Code 51985 - Cotton Compressing?

Get information about this GL class code and its related North American Industry Classification System (NAICS), National Council on Compensation Insurance (NCCI) and Standard Industrial Classification (SIC) codes.

The General Liability Class Code 51985 - Cotton Compressing. Learn more about GL Code 51985 and it's related NAICS, NCCI and SIC codes.


What Is The Description Of The General Liability Class Code 51985?

The description for GL Class Code 51985 is: Cotton Compressing.


What Are The Related SIC Code(s) for GL Code 51985?

The related SIC Code(s) for General Liability Class Code 51985 - Cotton Compressing is:

Description for 4221 Farm Product Warehousing and Storage

Establishments primarily engaged in the warehousing and storage of farm products. Establishments primarily engaged in refrigerated warehousing are classified in Industry 4222.

  • Bean elevators, except sales
  • Cotton compresses and warehouses
  • Farm product warehousing and storage, other than cold storage
  • Grain elevators, storage only
  • Potato cellars
  • Tobacco warehousing and storage
  • Wool and mohair warehousing

What Are The Related NAICS Code(s) for GL Code 51985?

The related NAICS Code(s) for General Liability Class Code 51985 - Cotton Compressing is:

493130 - Farm Product Warehousing and Storage

This industry comprises establishments primarily engaged in operating bulk farm product warehousing and storage facilities (except refrigerated). Grain elevators primarily engaged in storage are included in this industry.

  • Bonded warehousing, farm products (except refrigerated)
  • Farm product warehousing and storage (except refrigerated)
  • Grain elevators, storage only
  • Private warehousing and storage, farm products (except refrigerated)
  • Public warehousing and storage, farm products (except refrigerated)
  • Warehousing, farm products (except refrigerated)


GL Class Code 51985 - The Bottom Line

The General Liability Class Code for Cotton Compressing is 51985.

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Get useful tips and information about how much commercial insurance costs, small business risks and exposures, how insurance regulations effect your businesses' and detailed descriptions of coverages and exclusions and more. Most small businesses need to buy the following four types of insurance at a minimum to cover their operations from every day risks:

Property Insurance: This policy covers a business if the property used in the business is damaged or stolen as the result of common perils like fire or theft. Commercial property insurance covers the buildings, structures and also business personal property - which includes furniture, inventory, raw materials, machinery, computers and other items.

Liability Insurance: Any company can be sued. Slip-and fall lawsuits are very common and be costly. Customers can claim you injured them or damaged their property - and lawsuits are very expensive. Commercial liability insurance pays damages and can include attorney's fees and other legal expenses. It also ca pay for the medical bills of injured third parties

Commercial Auto Insurance: For vehicles owned by the business. Commercial auto insurance pays bodily injury or property damage costs for which the business is found liable - up the the policy limits for liability and property damage.

Workers Compensation Insurance: In almost every state employers must provide workers comp when there are W2 employees. Workers compensation pays for the medical care of employees and can replace a portion of lost wages - regardless of who was at fault for the injuries.