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

Current through Register Vol. 46, No. 28, July 10, 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.