New York Workers' Compensation Insurance

AmTrust is an industry leader in workers’ compensation for New York small businesses. Connect with an AmTrust-appointed agent to get a quote.

Choose AmTrust for Workers' Compensation Coverage in New York

Workers' compensation insurance protects your most valuable asset – your workforce. Should an employee suffer job-related injuries or accidents, workers' comp covers the cost of medical expenses, lost wages and retraining costs or compensation for permanent disability.

As the third largest workers' compensation carrier in the United States, AmTrust can design the specific packages small and mid-sized businesses need to comply and succeed.

Is Workers’ Compensation Mandatory in New York?

All New York employers are required to provide workers' compensation coverage for employee injuries that may occur due to work-related activities. Any individual who is paid to do a job is considered an employee of the company, regardless if they are day laborers, leased or borrowed employees, part-time employees, unpaid volunteers, family members and most subcontractors.

Independent contractors are the exception to the New York workers' compensation law. The New York Workers' Compensation Board defines the criteria to identify as an independent contractor.

Self-employed or business sole proprietors are not required to purchase workers' compensation insurance in New York. However, it's recommended to do so. Should the business owner get injured on the job, workers' comp will cover medical bills and lost wages while unable to work. 

The New York workers' compensation laws also require employers to post a notice in the workplace that indicates they have workers' comp coverage. The notice should state the insurance carrier's name, address, phone number, and policy number.

Common Workers’ Compensation Claims in New York

  • Physical overexertion
  • Slips, trips and falls
  • Striking against or being struck by an object
  • Repetitive motions

Reduce Workers’ Compensation Claims with Loss Control Services from AmTrust

AmTrust’s Loss Control Department specializes in risk management solutions to help prevent injuries and improve employee safety. We take a proactive approach to reducing workplace injuries by offering robust employee training and consultant services to identify the specific risks each individual business may face. 

From onsite or virtual in-depth risk assessments to our extensive collection of safety and risk management resources, AmTrust Loss Control can help identify common hazards that can lead to costly business losses and connect employers to solutions to help prevent or minimize them.

How Much Does Workers' Compensation in New York Cost?

The cost of workers’ compensation for New York small businesses depends on several factors. The size and location of the company, the specific industry, coverage limits and the various risks facing the employees all have an impact on the cost of coverage. 

Additionally, businesses with safe workplaces could see an
experience modifier, the connection between their workplace injury loss and workers’ comp costs, that is better than average. Insurance companies use experience modifiers to help determine workers’ compensation premium costs, and companies with lower risk will generally have a lower premium.

To get a quote, connect with an AmTrust-appointed agent today.

Workers’ Compensation Resources for New York Small Business Owners

AmTrust is here to help small businesses in New York with a variety of workers’ compensation resources to help protect the company and keep employees safe.

More Helpful Links for New York Small Business Owners