New York Codes, Rules and Regulations
Title 11 - INSURANCE
Appendices
Appendix 4

Universal Citation: 11 NY Comp Codes Rules and Regs § 4

Current through Register Vol. 46, No. 39, September 25, 2024

EXCESS LINE PREMIUM TAX ALLOCATION SCHEDULE

Criteria for Tax Allocation of Multi-State Risks for Insurance Contracts that have an Effective Date Prior to July 21, 2011

Code	Classification	Allocate to State by
PROPERTY INSURANCE:
01	Real Property (including buildings and other permanent additions)	Insured value of structures and other property in state
02	Personal Property (including inland marine)	Insured value of property permanently or principally situated in state
03	Business Interruption, Time Element, or similar time valued coverages	Insured time valued elements in state
04	Farmowners, Homeowners, and Businessowners (BOP)	Insured value of structures and other property in state
05	Aircraft	Insured value of aircraft principally hangared or principally used in state
06	Motor Vehicle	Insured value of motor vehicles principally garaged or principally used in state
07	Kidnap & Ransom	Number of insured employees principally employed in state
08	Ocean Marine	None to state
FIDELITY AND SURETY:
11	Fidelity, Forgery, and other Indemnity Bonds	Number of insured employees in state
12	Bankers Blanket Bonds	Number of insured employees in state
13	Performance Bonds	Total bond value of contracts in state
14	Other Surety Bonds	Total bond value of contracts in state
CREDIT INSURANCE:
21	Credit Insurance	Value of insured debt in state
RESIDUAL VALUE INSURANCE:
31	Residual Value Insurance	Allocate to value of underlying property
LIABILITY INSURANCE:
41	Manufacturers and Contractors	Payroll in state
42	Premises Operations	Square footage of premises in state
43	Owners and Contractors Protective	Cost of contract in state
44	Products	Number of units manufactured in state
45	Completed Operations	Receipts in state
46	Municipalities, Public Authorities and other Political Subdivisions	Number of municipalities, etc. in state
47	Child Care	Number of children in state
48	Contractual	If "stand alone" policy, value of sales in state
49	Recreational	Amount of gate receipts in state
50	Environmental Impairment	Number of units of exposure in state
51	Asbestos Abatement	Payroll in state
52	Employee/Member Benefit Program	Number of employees/members in state
53	Special Events	Number of events in state
54	Professional Liability	Number of insureds in state
55	Errors and Omissions Directors and Officers:	Revenues generated in state
56-A	For-Profit Organization	Revenues generated in state
56-B	Not-for-Profit Organization	Number of directors and officers based in state
57	Hospital, Nursing Home, and Adult Home	Number of beds in state plus one additional bed for each 100 outpatient visits at locations in state
58	Liquor Liability	Receipts from sales of alcoholic beverages in state
59	Railroad Protective	Miles of track in state
60	Aircraft	Number of aircraft principally hangared or principally used in state
61	Motor Vehicle	Number of motor vehicles principally garaged or principally used in state
62	Umbrella	Classification of predominant coverage; except if underlying coverages are divisible, then use underlying classifications
63	Excess Liability	If directly over primary, use underlying classifications. If over umbrella, use method in Code 62.

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New York Codes, Rules and RegulationsTitle 11 - INSURANCEAppendicesAppendix 4

New York Codes, Rules and Regulations
Title 11 - INSURANCE
Appendices
Appendix 4