New York Codes, Rules and Regulations › Title 11 - INSURANCE › Appendices › Appendix 5

Current through Register Vol. 46, No. 28, July 10, 2024
EXCESS LINE PREMIUM TAX ALLOCATION SCHEDULE
Criteria for Tax Allocation of Risks Located Both Inside
				and Outside the United States for Insurance Contracts that have an Effective
				Date on or After July 21, 2011
Code
Classification
Allocate to New York by
PROPERTY INSURANCE:
01
Real Property (including buildings and other
							 permanent additions)
Insured value of structures and other property in
							 United States
02
Personal Property (including inland
							 marine)
Insured value of property permanently or principally
							 situated in United States
03
Business Interruption, Time Element, or similar time
							 valued coverages
Insured time valued elements in United
							 States
04
Farmowners, Homeowners, and Businessowners
							 (BOP)
Insured value of structures and other property in
							 United States
05
Aircraft
Insured value of aircraft principally hangared or
							 principally used in United States
06
Motor Vehicle
Insured value of motor vehicles principally garaged
							 or principally used in United States
07
Kidnap & Ransom
Number of insured employees principally employed in
							 United States
08
Ocean Marine
None to New York
FIDELITY AND SURETY:
11
Fidelity, Forgery, and other Indemnity
							 Bonds
Number of insured employees in United
							 States
12
Bankers Blanket Bonds
Number of insured employees in United
							 States
13
Performance Bonds
Total bond value of contracts in United
							 States
14
Other Surety Bonds
Total bond value of contracts in United
							 States
CREDIT INSURANCE:
21
Credit Insurance
Value of insured debt in United States
RESIDUAL VALUE INSURANCE:
31
Residual Value Insurance
Allocate to value of underlying property
LIABILITY INSURANCE:
41
Manufacturers and Contractors
Payroll in United States
42
Premises Operations
Square footage of premises in United
							 States
43
Owners and Contractors Protective
Cost of contract in United States
44
Products
Number of units manufactured in United
							 States
45
Completed Operations
Receipts in United States
46
Municipalities, Public Authorities and other
							 Political Subdivisions
Number of municipalities, etc. in United
							 States
47
Child Care
Number of children in United States
48
Contractual
If "stand alone" policy, value of sales in United
							 States
49
Recreational
Amount of gate receipts in United States
50
Environmental Impairment
Number of units of exposure in United
							 States
51
Asbestos Abatement
Payroll in United States
52
Employee/Member Benefit Program
Number of employees/members in United
							 States
53
Special Events
Number of events in United States
54
Professional Liability
Number of insureds in United States
55
Errors and Omissions Directors and
							 Officers:
Revenues generated in United States
56-A
For-Profit Organization
Revenues generated in United States
56-B
Not-for-Profit Organization
Number of directors and officers based in United
							 States
57
Hospital, Nursing Home, and Adult Home
Number of beds in state plus one additional bed for
							 each 100 outpatient visits at locations in United States
58
Liquor Liability
Receipts from sales of alcoholic beverages in United
							 States
59
Railroad Protective
Miles of track in United States
60
Aircraft
Number of aircraft principally hangared or
							 principally used in United States
61
Motor Vehicle
Number of motor vehicles principally garaged or
							 principally used in United States
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.