NY Workers Comp Rates for 2016

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New York workers comp

Call Enforce Coverage Group today (212) 947-4298 for help with your NY Workers compensation rates. The NY Workers Comp Board and Insurance Department set the rates for New York workers compensation insurance. Employers report their payroll using the employee class codes for workers’ specific job duties or industry classification. Often, workers comp policies have incorrect class codes, which wind up … Read More

New York Workers Comp Code 5462 Glaziers Decreases 10.1%

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glass merchants & glaziers workers comp code New York

Good news for New York Workers Comp Code 5462 Glaziers. New and renewal policies will have a 10.1 percent decrease on the rates. Effective October 1, 2015, the state applied a loss cost revision, which changed workers comp rates for NY employers. The rates decreased from $12.63 to $11.36. Workers Comp Code 5462 Glaziers & Glass Merchants This class code … Read More

New York Truck Insurance Coverage: What You Need to Know

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New York truck insurance

Before buying New York truck insurance, it’s vital that you understand what coverage is necessary. You’ll also need to know what premium amount represents the average insurance cost for your operations. If you know what to look at when reviewing policies, and you ask the right questions, then you’ll be prepared to make the right decision for your insurance needs. … Read More

NY Trucking Insurance: Workers Compensation & Commercial Coverage

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NY trucking insurance

For NY trucking insurance, companies must purchase workers comp insurance even for those with independent contractor status. Here at Enforce Coverage Group, we offer a broad range of truck insurance programs with full customization to fit your requirements for owner operators, fleet owners & motor carriers. NY Trucking Insurance: Types of Coverage Fleet Owners – New York truckers that lease to … Read More

Well Drilling Class Code 6204 Rates Decrease by 17.3 Percent

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Well drilling class code 6204 New York

Well drilling companies received a 17.3 percent decrease in workers comp base rates for their class code 6204. The rate decreased from $12.93 to $10.69 effective October 1, 2015. Because premium rates vary by insurance company, business owners should get competitive quotes for their workers comp insurance to make sure they have the best rates possible for their policies. Class … Read More

Concrete Construction Class Code 5213 Workers Comp

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New York concrete construction workers comp

In the latest workers comp insurance base rate changes concrete construction class code 5213 pretty much remains unchanged. The rate reduced by only 3 cents from $16.83 to $16.80. WC Classification 5213 Defined This classfication code applies to commercial concrete operations including the construction of buildings, locks, selfbearing floors, dams, foundations, grain elevators, piers and silos. It also includes form … Read More

Milk Products Manufacturing NY Class Code 2065 Rate Increase

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Milk Products Manufacturing NY Class Code 2065

NY workers comp class code 2065 for dairy and milk products manufacturing increased 30 percent effective October 2015. Base rates for other milk-related employee payroll also saw increases with the latest October round of manual rate changes by the NY Compensation Insurance Rating Board and New York State Department of Financial Services. Class Code 2065 Milk Products Manufacturing This workers … Read More

Iron Worker Class Codes for New York Workers Comp Insurance

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New Jersey WC class codes for iron workers

Iron workers in New York have specific classification codes assigned to tasks that employees perform while on the job. Understanding workers compensation insurance class codes goes a long way in helping you to ensure your business reports payroll accurately and pays the right premiums for your coverage. What Determines My NY Workers Comp Premiums? The Rating Bureau in New York determines base … Read More

NY Workers Compensation Code 5606 for Project Manager

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New York class code 5606

New York and New Jersey workers compensation code 5606 provides a unique class code for construction companies. Many business owners prefer this code mainly due to it being much less than classifications for operations that apply to most contractor employees. Definition of NY Workers Comp Class Code 5606 Classification code 5606 applies to executive level supervisors and project managers. Payroll … Read More

NY Workers Comp Rate Increase Restaurant Class Code 9071

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restaurant rate increase in New York for class code 9071

NY workers comp insurance rates for New York restaurants class code 9071 are going up effective October 1st by 15.3 percent. New York State raised the manual base rates for restaurants from $10.88 to $12.54. Monthly premiums will follow suit as workers comp insurers adjust their premium rates to allow for the increase. Restaurant owners need to take time to … Read More

Jewelry Store WC Class Code 8013 Experiences Rate Increase

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WC class code 8013 rate increase in New York for workers comp

Jewelry store WC class code 8013 rates are going up by 22.5 percent starting October 1 so business owners in search of the best pricing for their workers comp insurance may want to start accepting competitive quotes now. New rates released by the NYCIRB (New York Compensation Insurance Rating Board) vary based on rating classification code so not all business … Read More