Leather Goods Manufacturing workers comp rate in New York
The filed workers comp rate for class code 4431 (Leather Goods Manufacturing) in New York is $2.81 per $100 of payroll , effective 2025-10-01. On $500,000 of payroll, that's roughly $14,070 in base premium.
Rate per $100 $2.81
Rate type loss_cost
Authority New York Compensation Insurance Rating
Effective 2025-10-01
vs peers 100%
Confidence HIGH
Source quote
"4431 2.814"
From New York Compensation Insurance Rating, effective 2025-10-01.
FAQ
What is the workers comp rate for code 4431 in New York?
The filed workers comp loss cost / rate for NCCI class code 4431 (Leather Goods Manufacturing) in New York is $2.81 per $100 of payroll, effective 2025-10-01.
How much would I pay in New York for code 4431 on $500,000 of payroll?
At $2.81 per $100, $500,000 of payroll yields a base premium of $14,070 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 4431?
UT has the cheapest filed rate for code 4431 ($0.260) and NY the highest ($2.81). New York sits at the 100th percentile across 19 peer states.