Livery Service workers comp rate in New York
The filed workers comp rate for class code 7405 (Livery Service) in New York is $0.725 per $100 of payroll , effective 2025-10-01. On $500,000 of payroll, that's roughly $3,625 in base premium.
Rate per $100 $0.725
Rate type loss_cost
Authority New York Compensation Insurance Rating
Effective 2025-10-01
vs peers 75%
Confidence HIGH
Source quote
"7405 N 0.725"
From New York Compensation Insurance Rating, effective 2025-10-01.
FAQ
What is the workers comp rate for code 7405 in New York?
The filed workers comp loss cost / rate for NCCI class code 7405 (Livery Service) in New York is $0.725 per $100 of payroll, effective 2025-10-01.
How much would I pay in New York for code 7405 on $500,000 of payroll?
At $0.725 per $100, $500,000 of payroll yields a base premium of $3,625 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 7405?
TN has the cheapest filed rate for code 7405 ($0.140) and CA the highest ($1.58). New York sits at the 75th percentile across 20 peer states.