Building raising workers comp rate in New York
The filed workers comp rate for class code 5703 (Building raising) in New York is $7.31 per $100 of payroll , effective 2025-10-01. On $500,000 of payroll, that's roughly $36,540 in base premium.
Rate per $100 $7.31
Rate type loss_cost
Authority New York Compensation Insurance Rating
Effective 2025-10-01
vs peers 70%
Confidence HIGH
FAQ
What is the workers comp rate for code 5703 in New York?
The filed workers comp loss cost / rate for NCCI class code 5703 (Building raising) in New York is $7.31 per $100 of payroll, effective 2025-10-01.
How much would I pay in New York for code 5703 on $500,000 of payroll?
At $7.31 per $100, $500,000 of payroll yields a base premium of $36,540 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 5703?
KS has the cheapest filed rate for code 5703 ($2.87) and AK the highest ($32.26). New York sits at the 70th percentile across 20 peer states.