Workers Compensation Rate 7219, Trucking Gets 11.8% Rate Increase

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NY trucking insurance

  NY State Workers Comp Truckers classified under 7219 get a 11.8% rate increase on their 2017  policies. Workers Comp Rates – Click Here Definition-Applied to Trucking companies that haul general merchandise under contract for others. Who Can Use it-In NY State,  Class Code 7219 is used by long and short haul truckers that transport products, merchandise, automobiles, freight and … Read More

How Workers Comp Class Codes Affect New York Businesses

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workers comp class codes

New York workers comp law requires that all employers obtain and continuously keep in effect workers compensation coverage for all employees. According to Section 51 of the Workers’ Compensation Law, as an employer you must post a Form Notice of Compliance – Workers’ Compensation Law (C-105). Most states use the NCCI class codes. However, the governing authority for workers comp classifications … Read More

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

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

New York Workers Comp Roofing Class Codes 5545 & 5551

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New York Roofing class codes

New York roofing class codes are some of the more expensive rates that NY employers pay. Because roofing involves a high risk activity, its exposure is higher than other contracting classifications and rates. New York Workers Comp Roofing Class Codes The two main class codes for roofers in New York State are: 5545 and 5551. The payroll of workers with … Read More

Workers Comp Class Codes for Restaurants and Bars

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workers comp class code 9071 & 9072

No matter what type of restaurant or bar you operate, you need workers compensation insurance to protect your business and your employees. The state system’s for coverage provide workers comp class codes for every business with each industry oftentimes having several categories in which to assign their employees. Workers in New York, New Jersey, Connecticut and Pennsylvania share many of the … Read More

Workers Comp Class Code 5221: Concrete Floors, Driveways & Sidewalks

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Class Code 5221 Concrete Floors

If you’re in the concrete flooring industry, then workers comp class code 5221 probably applies to your operations. Understanding the definition of this classification code will help you assign your workers’ payroll to the right class and avoid any over or underpayment during the course of your policy year. Workers Comp Class Code 5221 The New York Compensation Insurance Rating … Read More