Calculate your workers' compensation costs in New York. Compare direct carrier vs PEO rates by industry. All calculations use real NCCI class code data and New York regulatory filings.
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Get a detailed workers' comp report with your specific numbers — prepared by a BENEFITRA advisor who specializes in New York employers.
Disclaimer: This calculator provides estimates for educational purposes. Actual premiums depend on your specific underwriting, claims history, and carrier selection. Data sources: NCCI, New York Workers' Compensation Board, NAPEO, BLS. Calibrated to 2026 market conditions.
In New York, workers' comp is sold on the competitive private market, but rates are not set through NCCI. New York uses its own independent rating organization, the New York Compensation Insurance Rating Board (NYCIRB), which files the loss costs and classification rules carriers build their pricing on.
For roofing and construction employers, the class code drives the rate more than anything else: roofing carries some of the highest workers' comp rates of any trade because of fall exposure. Wherever you operate, the experience modification rate is the biggest lever you control, and a cleaner claims history compounds into lower premiums year over year.
New York workers' comp at a glance:
Official source: the New York Compensation Insurance Rating Board (NYCIRB).
Model your own numbers with the EMR Scenario Modeler, then see how lower comp cost frees budget for benefits in the Benefits ROI Calculator.
Rates are based on loss costs filed by the New York Compensation Insurance Rating Board (NYCIRB), the state's independent rating bureau, with each carrier applying its own multiplier on top.
Most New York employers are required to carry workers' comp, though small-employer thresholds vary by state. Confirm the exact requirement for your business with the New York Compensation Insurance Rating Board (NYCIRB).
Reviewed by Sam Newland, CFP, Founder of Benefitra. Last updated June 2026.