Question 1

How much does workers' comp cost for Real Estate Management in New York?

Accepted Answer

The current rate for Real Estate Management (Class Code 8817) in New York is $1.81 per $100 of payroll. This means an employee earning $50,000/year would cost approximately $905 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 Real Estate Management is $1.81, which is $0.47 above the national average of $1.34 (+35%).

Question 4

What does class code 8817 cover?

Accepted Answer

Covers employees managing real estate properties including tenant relations, maintenance coordination, and leasing.

State	Rate per $100	Difference
New York (current)	$1.81	—
Indiana	$0.98	-0.83
Texas	$1.02	-0.79
Virginia	$1.04	-0.77
Utah	$1.06	-0.75
Arkansas	$1.10	-0.71

Workers' Comp Rate for Real Estate Management in New York (Class Code 8817)

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