COVID-19: What’s new
- Public health orders (updated Feb. 5): Sports and recreation, gyms and fitness centres, accommodation, faith-based organizations, performing arts, movie theatres, retail and vending markets, party buses and limousines, mandatory masks, worker health checks, reviewing and updating your COVID-19 safety plan, more info.
- New and updated information: COVID-19 vaccinations in the workplace, COVID-19 FAQs: Safety in vehicles
COVID-19: Information and resources
Protocols for Phase 2 and 3 industries, Protocols for Phase 1 industries, General health and safety, COVID-19 Safety Plan template, OHS guideline G3.3 (COVID-19 Safety Plan), and more resources; Claims, Insurance
Bill 23
Overview of changes in effect Jan. 1, 2021, Consultation on permanent partial disability benefits, Consultation on retirement age determinations, Summary of provisions, Historical reports, Board of Directors’ decision on the consequential amendments, Board of Directors' decision on permanent partial disability benefits, Board of Directors' decision on retirement age determinations
- Home
- Insurance
- Know how much coverage costs
- How we classify industries
How we classify industries
Our classification system groups employers in similar industries with similar levels of risk, so we're able to set fair rates and charge your industry an appropriate rate that reflects the rate of injury and illness in your industry.
The classification unit is the basic grouping of our classification system. It represents one or more industries, and is based on the products they produce, the services they provide, and the processes, technology, or materials they use.
Employers in the same industry share the same classification unit and pay the same base premium rate for insurance. An industry's base premium rate reflects the risk of injury and historical claim costs. The higher the risk and relative claim costs, the higher the industry's base premium rate will be.
Resources
How much will my insurance cost?: An introduction to rate setting
Learn about WorkSafeBC’s classification and rate setting system, and how you can calculate your insurance premium.