New York · New York Compensation Insurance Rating

Taxicab Service workers comp rate in New York

The filed workers comp rate for class code 7403 (Taxicab Service) in New York is $3.84 per $100 of payroll , effective 2025-10-01. On $500,000 of payroll, that's roughly $19,215 in base premium.

Rate per $100 $3.84
Rate type loss_cost
Authority New York Compensation Insurance Rating
Effective 2025-10-01
vs peers 90%
Confidence HIGH

FAQ

What is the workers comp rate for code 7403 in New York?

The filed workers comp loss cost / rate for NCCI class code 7403 (Taxicab Service) in New York is $3.84 per $100 of payroll, effective 2025-10-01.

How much would I pay in New York for code 7403 on $500,000 of payroll?

At $3.84 per $100, $500,000 of payroll yields a base premium of $19,215 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.

Where else can I see code 7403?

KY has the cheapest filed rate for code 7403 ($0.900) and CA the highest ($5.97). New York sits at the 90th percentile across 21 peer states.