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
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
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
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
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
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
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
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
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
Plumbing Rates Rise for Class Code 5183 Workers Comp Insurance
Plumbers can expect a slight change to rates for class code 5183 workers comp insurance due to the recent round of rates changes put in place by the New York Compensation Insurance Rating Board (NYCIRB). Manual base rates for workers comp class code 5183 Plumbers NOC & Drivers changed from 7.42 to 7.60, representing a 2.4 percent increase from October … Read More
NY Workers Comp Insurance Update: New Rates October 1
The New York State Department of Financial Services approved a workers comp insurance rate change effective October 1, 2015. NY workers comp insurance carriers must notify employers 30 days before a rate increase or decrease so take a look at recent notifications from your insurance company concerning your policy to find out how this change will affect your workers comp … Read More
How Plumbing Insurance Protects Plumber Businesses
Plumbers need plumbing insurance packages for protection against potential risks to company assets. Service mistakes or worker accidents can result in damages that could potentially drain your budget beyond recovery. Often, construction businesses choose to combine all their necessary business insurance coverage into one package. Not only do custom insurance programs streamline business policies, but plumbing contractors also find that … Read More