NY Workers’ Comp class code 8293 Increases 26.5%

Ed WinslowNY Class Codes0 Comments

NY Workers' Comp class code 8293

NY Workers’ Comp class code 8293 Increases 26.5%

The rate for NY Workers’ Comp class code 8293 increased 26.5% in 2013. This means employers whose operations apply to class code 8293 will see higher Workers’ Comp premiums in the 2013-2014 policy term.

NY Workers' Comp class code 8293NY Workers’ Comp class code 8293: Who Does It Apply To?

NY Workers’ Comp class code 8293 is applied to insureds engaged in the warehousing or storage of furniture for individual customers. These companies have no equity or ownership in the furniture that is being stored. NY Workers’ Comp class code 8293 includes such operations as driving, packing or handling of household goods away from the warehouse, the maintenance of the warehouse and its equipment, and the receipt, safekeeping, and subsequent release of the furniture from storage.

NY Workers’ Comp class code 8293 is also applied to insureds engaged in moving furniture and household goods for individual customers, regardless of whether or not they operate a furniture storage warehouse. Packers who are employees of a furniture moving or storage warehouse business or packers who are employed by a business that provides the service of packing of household furnishings without offering moving or storage warehouse services are also included in NY Workers’ Comp class code 8293. NY Workers’ Comp class code 8293 also includes the loading of vans in which the furniture is transported from one residence to another or from a resident to the storage warehouse and vice versa, as well as the unloading and placing of the furniture at its destination.

NY Workers’ Comp class code 8293 Increases 26.5%

The rate for NY Workers’ Comp class code 8293 increased 26.5% effective 10/1/13. While it was 9.74 in 2011 and 2012, it is now 9.79. This means that employers whose operations apply to NY Workers’ Comp class code 8293 will see higher Workers’ Comp premiums during the 2013-2014 policy.

Enforce Coverage can help you find the best carrier to fit your Workers’ Comp needs. Contact us today at 212-947-4298 for a competitive quote. To view hundreds of class codes and rates for a variety of Workers’ Comp carriers, click here.

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