Ship Scrapping workers comp rate in New York
The filed workers comp rate for class code 6874 (Ship Scrapping) in New York is $24.73 per $100 of payroll , effective 2025-10-01. On $500,000 of payroll, that's roughly $123,635 in base premium.
Rate per $100 $24.73
Rate type loss_cost
Authority New York Compensation Insurance Rating
Effective 2025-10-01
vs peers 100%
Confidence HIGH
FAQ
What is the workers comp rate for code 6874 in New York?
The filed workers comp loss cost / rate for NCCI class code 6874 (Ship Scrapping) in New York is $24.73 per $100 of payroll, effective 2025-10-01.
How much would I pay in New York for code 6874 on $500,000 of payroll?
At $24.73 per $100, $500,000 of payroll yields a base premium of $123,635 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 6874?
AK has the cheapest filed rate for code 6874 ($5.09) and NY the highest ($24.73). New York sits at the 100th percentile across 6 peer states.