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  New York Workers Compensation Information (NY)

 

 

The Insurance Shop offers Direct Bill and Pay As You Go Work Comp Solutions in New York. 

We also offer QuickBooks Pay As You Go XactPAY Web program for QuickBooks users.

 

 Work Comp Information: (Owners Wages for Workers' Compensation)

Individuals and Partners

28,600.00- Min Annual Payroll (effective 10.17.07)- No Employees.

Sole Proprietors and Partners with employees may elect coverage.  If no employees coverage is automatic with work comp policy.

LLC Members

Statutorily Excluded.  Partnership status.  Treated as employee.

Members are considered similar to partners.

Partners are excluded, but may elect coverage.

Corporate Officers: Corporations

$28,600- Min Annual Payroll (effective 10.01.07).

Sole Executive Officers or Companies with only Two Exec's may be excluded by endorsement.

Non-Profits:  $14,300- Min Annual Payroll (effective 10.01.07).

 

General Liability Information: (Owners Wages for General Liability)

Individuals and Partners

$27,500- flat annual (effective 07.01.84).

Corporate Officers & LLC Members

$27,500- flat annual (effective 07.01.84).

* Information contained herein is based on the most accurate data as of the time of posting.  Please check with you states Division of Workers' Compensation Insurance for the most up to date information and to verify accuracy.  No warranty as to the accuracy or completeness is given or applied.

 

 

     

 

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