Question 1

How much does workers' comp cost for Boiler Manufacturing in New York?

Accepted Answer

The current rate for Boiler Manufacturing (Class Code 3027) in New York is $11.24 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $5620 per year in workers' comp premium.

Question 2

Is workers' comp mandatory in New York?

Accepted Answer

Yes, workers' compensation insurance is mandatory in New York for all employers with at least one employee.

Question 3

How does New York's rate compare to other states?

Accepted Answer

New York's rate for Boiler Manufacturing is $11.24, which is $2.97 above the national average of $8.27 (+36%).

Question 4

What does class code 3027 cover?

Accepted Answer

Covers workers manufacturing boilers, pressure vessels, and heat exchangers in industrial facilities.

State	Rate per $100	Difference
New York (current)	$11.24	—
Indiana	$6.05	-5.19
Texas	$6.36	-4.88
Virginia	$6.43	-4.81
Utah	$6.59	-4.65
Arkansas	$6.82	-4.42

Workers' Comp Rate for Boiler Manufacturing in New York (Class Code 3027)

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